Report
Tony Sherlock
EUR 101.80 For Business Accounts Only

Investa’s Strong Sydney Outlook Dragged Down by Weak Markets Elsewhere. AUD 4.40 FVE Unchanged

Investa Office Fund reported first-half fiscal 2018 earnings on a fund from operations, or FFO, basis of AUD 15.3 cents per security, or cps. Fiscal 2018 FFO guidance was reiterated at AUD 30.3 cps, implying 2% growth, which is almost entirely due to the buyback of 2.5% of securities. The guided weaker second-half FFO of AUD 15.0 cps reflects lost rent from downtime between tenants. While the 65% of Sydney assets are performing exceptionally strongly, this is partly countered by the poor rental ...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

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.

We have operations in 27 countries.

Analysts
Tony Sherlock

Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch