As at 31 December 2017, the Trust’s investment portfolio comprised:
|Number of Early Learning Properties||385|
|Property Value||$824.7 million|
|Weighted Average Lease Expiry||9.2 years|
|Average Freehold Property Value||$2.3 million|
|Geographic Location||Australia and New Zealand|
Property Profile as at 31 December 2017
|Locations||No of Properties||Carrying Value $m’s||Current Rent (pa) $m’s|
1 Includes head-lease rent on leasehold properties of $1.2 million.
2 Based on NZD rent of $4.9 million at an exchange rate of 1.0993 as at 31 December 2017.
3 Site rent charged on 8 development sites with carrying value of $33.9 million