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Propertylink Group Provides JP Morgan REIT Form Presentation

13 Mar 2018  |  09:47:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Propertylink Group - JP Morgan REIT Form presentation

Propertylink Group provided JP Morgan REIT form presentation. Its objective is to provide securityholders with risk adjusted returns by investing in the wholly owned industrial portfolio and co-investing in external funds alongside its global investors whilst seeking growth opportunities across both sides of the business. The Performance fees of $22.3m achieved during 1H 2018. The Balance sheet gearing is 30.6% at low end of target range. The Interim distribution of 3.6cps reflecting a distribution yield of 7.2%. The Distributable earnings of $33.3m up 84% on pcp.

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