360 Capital Industrial Fund
Property portfolio summary
The Fund's Portfolio is characterised by core industrial properties in established industrial locations geographically diversified across all mainland Australian states. It has occupancy of 95.8%, a 4.0 year WALE, an attractive tenant profile where no individual tenant represents more than 8% of total rental income and the top tenants of the Fund feature groups focussed on distribution / logistics such as Visy, Kent Transport and Australia Post.
Key statistics, geographical diversification and asset information is as follows:
Key Statistics and Top tenants
| Key property statistics | 31 Dec 2011 | ||
| Portfolio purchase price | $299.8m | ||
| Portfolio property valuation | $273.4m | ||
| Weighted average capitalisation rate (WACR) | 9.33% | ||
| Portoflio net lettaable area (NLA) | 322,213sqm | ||
| Portfolio occupancy rate (by area) | 95.8% | ||
| Weighted average lease expiry (WALE, by income) | 4.0 years |
| Top tenants |
% Income |
| Visy |
7.9% |
| Hugo Boss Australia Pty Ltd | 7.1% |
| Post Logistics Australia | 6.6% |
| Kent Transport Logistics | 4.9% |
| CTI Freight Systems Pty Ltd |
4.2% |
Portfolio geographic diversification
by Gross income
Property Portfolio
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