Property For Industry Portfolio
- 55 properties in key industrial locations
- Weighted average lease term (WALT) 4.43 years as at 31 December 2009
- Portfolio occupancy 99.5% percent as at 31 December 2009
- Average portfolio yield on contract rents of 8.8% as at 31 December 2009
- Total lettable (floor) area of more than 277,500 sqm
- More than 100 tenants
- Contracted rentals of $33.0 million per annum
- Average building size approximately 4,980 sqm
- Average building rental $583,000 per annum
- Site coverage 44%
- Non-income producing land value $4.4 million
* Figures used in relation to the following properties are as at 31 December 2009 (the date of PFI's most recently-released full portfolio revaluation) and will next be updated in April 2011. Details of some properties may change during the course of the year - for example, where new tenants take occupancy, rentals are reviewed and/or leases extended, and new projects or building additions are carried out.
Avondale
686 Rosebank Rd
320 and 326 Rosebank Rd
15 Copsey Pl
61-69 Patiki Rd
North Harbour
322 Rosedale Rd
4 Rothwell Ave
41 William Pickering Dr
19 Omega St
26 William Pickering Dr
29 Omega St
47 Arrenway Dr
Penrose
8 Hugo Johnston Dr (formerly 415 Church St)
12 Hugo Johnston Dr (formerly 417 Church St)
417a Church St
956 Great South Rd
956a Great South Rd
102 Mays Rd
Mt Wellington
54 Carbine Rd and 6a Donnor Pl
50 Carbine Rd
7 Carmont Pl
509 Mt Wellington Highway
6 Donnor Pl
4-6 Mt Richmond Rd
5 Vestey Dr
9 Vestey Dr
11 Vestey Dr
15a Vestey Dr
36 Vestey Dr
1 Niall Burgess Rd
3-5 Niall Burgess Rd
7-9 Niall Burgess Rd
10 Niall Burgess Rd
523 Mt Wellington Highway
7 Vestey Dr
2-6 Niall Burgess Rd
511 Mt Wellington Highway
80 Lunn Ave
515 Mt Wellington Highway
174b Marua Rd
76 Carbine Rd
Manukau
8 Cavendish Dr
55 Nesdale Ave
212 Cavendish Dr (formerly 49 Nesdale Ave)
Mangere
East Tamaki
18 Cryers Rd
8 Stonedon Ave
1 Ron Driver Pl
62 Neales Rd
17-21 Allens Rd
Wellington
11 Barnes St
48 Seaview Rd
50 Parkside Rd
8 McCormack Pl