Following a review of
The impact from higher finance costs in the period were offset by lower debt levels due to asset sales, explains the analyst. It's felt the current pro forma look-through gearing of 26.2% ensures sufficient capacity to complete the
Management reiterated FY24 guidance for funds from operations (FFO) and dividend of 17.1cpu and 16.4cpu, respectively.
The Add rating and
Sector: Real Estate.
Target price is
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