|30 June 2019|
|Adjusted total assets2||$945.9m|
|Adjusted net asset value (NAV)2||$602.6m|
|Adjusted NAV per unit2||$1.80|
|Market capitalisation ($2.01 per unit)||$671.9m|
|Number of properties1||50|
|Weighted Average Lease Expiry (WALE)3||11.3 years|
|AFFO per unit (FY20 forecast)||14.0 cents|
|Distributions per unit (FY20 forecast)||10.85 cents|
|Forecast distribution yield (paid quarterly)5||5.4%|
|Key forecasts FY20|
|Distribution per unit FY20||10.85 cents|
|Distribution payment frequency||Quarterly|
1 Pro forma includes feedlots (Beef City and Riverina Beef) and a macadamia property (Cygnet) which were not settled at 30 June 2019.
2 Adjusted assets incorporates most recent independent property valuations, inclusive of water entitlements.
3 Lease expiries weighted by forecast FY20 rental income, expressed in years from 30 June 2019.
4 Gearing calculated as external borrowings/adjusted total assets.
5 Calculated forecast FY20 distribution of 10.85 cpu divided by 26 August 2019 closing price of $2.01.