Original article by Matthew Cranston
The Australian Financial Review – Page: 33 : 20-Dec-16
Charter Hall Retail REIT has reported that the value of its property portfolio increased by $A130 million, or 5.2 per cent, to $A2.695 billion. The portfolio weighted average capitalisation rate rose by 29 basis points to 6.71 per cent, from 6.42 per cent. Shopping Centres Australasia Property Group reported in mid-December 2016 that the value of its property portfolio increased by $A169.1 million. The total portfolio capitalisation rate improved by 51 basis points to 6.62 per cent.
CORPORATES
CHARTER HALL RETAIL REIT – ASX CQR, SHOPPING CENTRES AUSTRALASIA PROPERTY GROUP – ASX SCP