One third of this space has already been committed on a back-to-back basis with no downtime. The remaining two thirds has been secured post-quarter end.
The trusts’ weighted average lease expiry (WALE) of 4.6 years.
Its aggregate leverage for the 3QFY2025 came in at 36.8%, and debt headroom was $362 million.
After this quarter, FLCT has announced the divestment of a non-core commercial asset for a consideration of A$192.1 million. This divestment allows the trust to exit the “challenging Melbourne CBD office market”, it says.
