As at 31 December 2016, the Trust’s investment portfolio comprised:
|Number of Early Learning Properties||388|
|Property Value||$737.1 million|
|Weighted Average Lease Expiry||8.5 years|
|Average Freehold Property Value||$1.8 million|
|Geographic Location||Australia and New Zealand|
Property Profile as at 31 December 2016
|Locations||No of Properties||Carrying Value $m’s||Current Rent (pa) $m’s|
1 Includes head-lease rent on leasehold properties of $1.2m.
2 Based on NZD rent of $4.7 million at an exchange rate of 1.0406 as at 31 December 2016.
3 Site rent charged on 10 development sites with carrying value of $36.6 million.