Half Year 2021 Argosy Property Ltd Earnings Call Transcript

Nov 25, 2020 / 09:00PM GMT
Operator

Thank you for standing by, and welcome

to the Argosy Property Limited FY '21 Interim Results Briefing. (Operator Instructions)

I would now like to hand the conference over to Mr. Peter Mence, CEO. Please go ahead.

Peter Mence - Argosy Property Limited - CEO

Well, good morning, and thanks for joining us run through the interim results. We've got what we think is a fairly solid result once you strip out the forfeited deposit and depreciation changes that Dave will run through in detail. I'll run through the portfolio bits and pieces in the same manner as normal. Dave will cover off the financials, get into the meeting stuff. And then I'll talk about what we're seeing with leasing and outlook for the portfolio going ahead.

So just touching on some of the highlights out of the interim result. Obviously, the net distributable income increase is quite pleasing. Rental reviews during the year or the half year have been quite good. And you'll see later the like-for-like rental growth even better at 5.2%.

Revaluations. We'll talk

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