CMA 0.00% 0.0¢ centuria metropolitan reit

Ann: CMA acquires 2 Kendall Street, Williams Landing, Victoria, page-2

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  1. 1,698 Posts.
    lightbulb Created with Sketch. 21
    Caught this ann't,... 6.5% initial yield on completion,... good, but completed in 2 years away,... things may chg in-between ?? Other notable positives :-
    1) 100% pre-committed to Wesfarmers Limited owned Target Australia on an initial 10- year lease, with fixed annual rental increases.
    2) asset is purpose built for a high-quality tenant on a long-term lease with attractive fixed rental increases.

    I'm good,.....
 
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