Investment Matters

Industria REIT

Industria's portfolio of 17 industrial and business park properties is 94.4% occupied, with an average lease expiry 4.8 years (increasing to 5.3 years at 17-Aug-15). 

FY16 guidance for a distribution between 15.0 and 15.8cps was provided.  This is a decrease on FY15, with difficult conditions in Queensland dragging on business park vacancy and rental income. Opportunity exists for leasing success or sale of these assets, with a yield of 8%+ (at the current security price of $1.88) in the mean time.

Industria REIT 11 Sep 15