Over the first half of the 2024 financial year, the high quality of our office portfolio has underpinned our business performance as premium assets continue to outperform. We are delighted to have successfully progressed a number of strategic initiatives, supported by an active capital management strategy with both the sale of the Mason Bros. building and $150 million convertible notes issue completed during the period further positioning us to execute on strategy.
Scott Pritchard, CEO, Precinct Properties
Highlights.
98%
Portfolio occupancy
6.4 years
Weighted average lease term
$54.3 million
Net Operating income before tax
$12.9 million
Total Comprehensive income after tax
FY24 Interim Results Webcast
Thursday, February 22, 2024, 10:00am NZT