360 Capital Office Fund
The 360 Capital Office Fund had a result without complexity, which was in line with expectations. The portfolio metrics remain sound - average lease expiry is 5.1 years with 98.7% occupancy. The fund is on target to deliver operating earnings of 18.0 cents per security and 17.0 cents distribution per security for FY-16. The fund delivers a strong, low risk income return for the equity portfolio.
The fund also announced an acquisition, as detailed below.