Property compendium

30 JUNE 2017

Investment Overview

Office

PROPERTY LOCATION NLA % OF OFFICE PORTFOLIO BOOK 2 GROSS OFFICE RENT VALUATION AT 30 JUN 20173 NABERS RATING
101-103 MILLER STREET NORTH SYDNEY, NSW 37,455 SQM 5.0% $935/SQM $237.1m1 5.0 Star
40 MILLER STREET NORTH SYDNEY, NSW 12,611 SQM 3.0% $806/SQM $143.3m 4.5 Star
10-20 BOND STREET SYDNEY, NSW 38,271 SQM 5.7% $959/SQM $275.0m1 5.5 Star
200 GEORGE STREET SYDNEY, NSW 38,984 SQM 9.0% $1,196/SQM $432.0m1 -
275 KENT STREET SYDNEY, NSW 76,452 SQM 10.8% $981/SQM $516.0m1 5.0 Star
60 MARGARET STREET SYDNEY, NSW 40,770 SQM 5.3% $870/SQM $255.9m1 3.5 Star
37 PITT STREET SYDNEY, NSW 12,138 SQM 1.6% $605/SQM $75.2m 3.0 Star
51 PITT STREET SYDNEY, NSW 4,986 SQM 0.6% $683/SQM $28.5m 2.5 Star
6-8 UNDERWOOD STREET SYDNEY, NSW 3,251 SQM 0.3% $494/SQM $12.1m 3.5 Star
QUAY WEST CAR PARK, 109-111 HARRINGTON STREET SYDNEY, NSW 399 SQM 0.8% $36.5m
1 DARLING ISLAND PYRMONT, NSW 22,197 SQM 4.9% $684/SQM $235.9m 5.5 Star
65 PIRRAMA ROAD PYRMONT, NSW 15,931 SQM 3.1% $725/SQM $146.3m 6.0 Star
AUSTRALIAN TECHNOLOGY PARK (LOCOMOTIVE SHEDS), LOCOMOTIVE STREET REDFERN, NSW 15,856 SQM 1.8% $537/SQM $84.5m -
699 BOURKE STREET MELBOURNE, VIC 19,303 SQM 1.9% $627/SQM $91.3m1 5.0 Star
90 COLLINS STREET MELBOURNE, VIC 21,302 SQM 4.7% $674/SQM $224.5m 4.0 Star
367 COLLINS STREET MELBOURNE, VIC 35,422 SQM 6.0% $635/SQM $289.4m 3.5 Star
380 ST KILDA ROAD MELBOURNE, VIC 24,561 SQM 3.5% $480/SQM $165.8m 5.0 Star
RIVERSIDE QUAY SOUTHBANK, VIC 30,916 SQM 5.1% $563/SQM $243.0m 4.5 Star
2 RIVERSIDE QUAY SOUTHBANK, VIC 21,236 SQM 2.6% $617/SQM $122.5m1 -
23 FURZER STREET PHILLIP, ACT 46,167 SQM 5.6% $494/SQM $270.3m 6.0 Star
340 ADELAIDE STREET BRISBANE, QLD 12,921 SQM 1.3% $557/SQM $60.7m 1.5 Star
189 GREY STREET SOUTHBANK, QLD 12,729 SQM 1.8% $519/SQM $87.5m 4.5 Star
ALLENDALE SQUARE, 77 ST GEORGES TERRACE PERTH, WA 28,594 SQM 5.0% $894/SQM $238.0m 3.5 Star
AUSTRALIAN TECHNOLOGY PARK (PROPERTY UNDER CONSTRUCTION) REDFERN, NSW $49.6m1
477 COLLINS STREET (PROPERTY UNDER CONSTRUCTION) MELBOURNE, VIC $55.0m1
664 COLLINS STREET (PROPERTY UNDER CONSTRUCTION) MELBOURNE, VIC $45.0m1
8 CHIFLEY SQUARE SYDNEY, NSW 19,349 SQM 4.8% $1,450/SQM $230.0m1 5.0 Star
DAVID MALCOLM JUSTICE CENTRE, 28 BARRACK STREET PERTH, WA 32,027 SQM 4.4% $833/SQM $209.4m1 -
OFFICE TOTAL 623,828 SQM 100.0%4 $4,937.0m4
WEIGHTED AVERAGE LEASE EXPIRY (BY INCOME) 6.5 YEARS
OCCUPANCY % (BY AREA) 97.6%
  1. BY BOOK VALUE EXCLUDING IPUC AND 55 COONARA AVENUE. HELD FOR DEVELOPMENT.
  2. EXCLUDES OFFICE PROPERTIES UNDER DEVELOPMENT.
  3. BOOK VALUES REPRESENT MPT’S OWNERSHIP.
  4. THIS TOTAL VALUE INCLUDES 55 COONARA AVENUE WEST PENNANT HILLS, VALUED AT $76.7M, WHICH IS BEING HELD FOR DEVELOPMENT. THIS ASSET IS EXCLUDED FROM ALL OTHER METRICS.