GOZ C&R GWI
  30 June
2021
30 June
2020
30 June
2021
30 June
2020
31 December
2020
31 December
2019
Asset value (Rm) 49 462 51 845 10 532 14 764 51 736 58 553
Number of properties 55 58 7 7 66 62
Gross lettable area (GLA) (m2) 1 033 028 1 042 929 350 980 328 512 1 271 300 1 213 700
Value per m2 AUD4 376 AUD4 049 GBP1 375 GBP1 861 EUR2 402 EUR2 474
Capital expenditure (Rm) 126 1 057 80 1 714 1 369 2 725
Gross property revenue (Rm) 3 229 3 024 1 234 715 4 005 4 027
Property expenses (Rm) (565) (487) (629) (335) (1 276) (1 267)
Property expense ratio (%) 17.5 16.1 51.0 46.9 31.9 31.5
Net property income (Rm) 2 664 2 537 605 380 2 729 2 760
Vacancies (%) (EVR) 2.9 6.8 10.3 5.0 9.1 5.3
Arrears (Rm) 5.7 20.5 471.9 300.0 182.7 280.8
Bad debt (I/S) (Rm) 3.0 50.4 93.5 83.0 92.7
Average gross rental (per m2/annum) AUD270 AUD290 GBP123 GBP177 –* –*
Average annualised yield (%) 5.8 5.7 7.9 7.2 –* –*
Average in-force escalations (%) 3.4 3.3 –* –* –* –*
Weighted average lease period (years) 6.2 6.2 6.2 5.9 4.5 4.6
Letting success rate (%) 72.0 83.2 –* –* –* –*
Weighted average renewal growth (%) (7.3) (4.0) –* (27.7) –* –*
Weighted average future escalations on renewals (%) 3.4 3.4 –* –* –* –*
Weighted average renewal lease period (years) 7.1 13.9 4.4 4.9 –* –*
Number of employees 330 28 72 100 –* 240

* C&R/GWI do not report on these indicators.