Half Year 2023 Argosy Property Ltd Earnings Call Transcript

Nov 21, 2022 / 09:00PM GMT
Operator

Thank you for standing by, and welcome to the Argosy Property Limited 2023 interim financial results for the 6 months to 30 September 2022.

(Operator Instructions) I would now like to hand the conference over to Mr. Peter Mence. Please go ahead.

Peter Mence - Argosy Property Limited - CEO

Good morning, and thanks for joining us for the Argosy Property half year results presentation. Looking at where we're sitting with the -- building a better future and the vision and the strategy. We're obviously looking at an environment of rising interest rates, seeing some softening capitalization rates for property values, looking at a potential recession, we're seeing at the occupancy side of strong flights to green assets, and we're getting some good rental growth for the right properties if they're in the right location.

So in that context, looking at some of the key results highlights. Net property income, good results there with solid rental growth remaining available and the distribution looking -- fairly solid and giving us fairly nice return at

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