High yield is consistent with higher leverage and high-yielding industrial and office assets.
Growthpoint’s portfolio has vastly changed in the past two years, with the firm reweighting towards office assets. Following the disposal of a further two assets in April for AUD 117 million, we calculate the office weighting at 65%, up from 56% in June 2016 and 51% at June 2015. The disposal of these two assets plus the sale of four Victorian industrial properties in December 2016 for AUD 142 million represent the last of the firm's planned asset sales for fiscal 2017. The sales bring gearing t...Growthpoint Properties Australia is engaged in property investments, focusing on Australian property in the industrial, office and retail sectors. As of June 30 2016, Co.'s industrial portfolio had 38 properties with a total lettable area of 874,156 square meters and Co.'s office portfolio had 20 properties with a total lettable area of 235,389 square meters.
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Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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