|31 December 2020|
|Adjusted total assets1||$1.1b|
|Adjusted net asset value (NAV)1||$681.2m|
|Adjusted NAV per unit1||$2.01|
|Market capitalisation ($2.49 per unit)2||$843.9m|
|Number of properties||67|
|Weighted Average Lease Expiry (WALE)3||11.1 years|
|FY21 forecast AFFO per unit||11.7 cents|
|FY21 forecast distributions per unit||11.28 cents|
|FY22 forecast distribution per unit||11.73 cents|
|FY22 forecast distribution yield (paid quarterly)5||4.7%|
1 Adjusted assets incorporates most recent independent property valuations, inclusive of water entitlements.
2 Closing price of $2.49 as at 12 February 2021 multiplied by 338,905,436 units.
3 Calculated as the FY21 forecast rent and the year of lease expiry. Excludes properties not leased.
4 Gearing calculated as external borrowings/adjusted total assets.
5 Calculated forecast FY22 distribution of 11.73 cpu divided by 12 February 2021 closing price of $2.49.