Report
Tony Sherlock
EUR 101.80 For Business Accounts Only

Reversion in specialty rents to market rates is a key revenue catalyst, but will take time.

SCA Property Group’s reported fiscal 2017 funds from operations, or FFO, of AUD 14.7 cents per security was up 6.9% on the prior year and just ahead of guided growth of 6.2%. Guidance is for FFO growth of 3% in fiscal 2018 to AUD 15.1 cents per security, with underlying rental growth and growth initiatives partly offset by higher average borrowing and electricity costs. We’ve cut our medium- to long-term rent growth assumptions due to a slower growth outlook for household disposable income and p...
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

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