Australand: Result 2012

Australand has produced another decent result thanks to a full portfolio and rising rents, but corporate activity means it could be its last.

Australand’s full-year result (it has a 31 December year end) provided no surprises. Earnings from its $2.2bn industrial and office investment portfolio increased 3.2% on a like for like basis thanks to contracted rents rises, and 8% overall due to new developments, such as 357 Collins St in Melbourne. This helped boost overall income to 24.6 cents per security, from 23.5 cents in 2011. The board maintained its final distribution of 11 cents (unfranked, ex date 21 December), bringing the annual total to 21.5 cents.


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles