KWASA-Goodman Industrial Partnership owns a high quality portfolio of core logistics real estate in New South Wales. The Partnership was established in June 2012 in conjunction with Malaysia’s Employee Provident Fund. KGIP is focused on stable income driven returns with potential for income growth and capital appreciation.
KGIP provides partners with a high quality well located portfolio secured by strong lease covenants and long term lease term. The portfolio consists of 5 warehouse and distribution properties with a combined value of $545.5 million. The Partnership is characterised by 100% occupancy and long WALE of 5.8 years.
|Key Stats 1|
|Total Assets 2||A$851 million|
|Number of Properties||5|
|Weighted Average cap rate||6.5%|
1. All figures as at 30 June 2016