Waypoint REIT Ltd
WPR
Company Profile
Business description
Waypoint REIT owns a AUD 3 billion portfolio of service station properties across Australia. About 80% of the portfolio by value is in capital cities and other major urban areas, with about 10% on highways and a similar proportion in small towns. About 95% of rental income comes from ASX-listed Viva Energy and 90% of the leases are triple net, where the tenant pays all property outgoings. Management is internal.
Contact
720 Bourke Street
Level 15
DocklandsVIC3008
AUST: +61 390818439
Sector
Real Estate
Stock type
Cyclical
Industry
REIT - Specialty
Fiscal Year End
31 December 2024
Employees
Morningstar Investment Ideas
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