Australian Industrial REIT (ANI) has been a relative laggard in the recent real estate securities rally and may play catch up
Tim Hannon
Newgate Capital Partners
Australian Industrial REIT (ANI) has been a relative laggard in the recent real estate securities rally and may play catch up. ANI is a small cap AREIT that holds a portfolio of 14 industrial assets, spread across NSW, Victoria and Western Australia. Income risk is relatively low with a quality tenant base and weighted average lease to expiry of over five years. Forecasts are for a distribution yield of 8.6% for 2015, which is well ahead of the broader AREIT sector of 5.6%. We think this is a highly attractive yield given the risks. Disclosure: Freehold Funds own ANI. (VIEW LINK)
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Tim has 22 years’ experience in the investment and securities markets. Tim was a partner of Goldman Sachs JBWere and during his 15-year tenure at the firm had senior experience across all areas of equities investing. Tim was Head of Australian Equities, Head of Real Estate and Co-Manager of Global Real Estate Securities portfolios with Goldman Sachs LLP. Tim was also founder and co-manager of the Goldman Sachs JBWere Australian Infrastructure Securities Fund, and co-manager of the award winning Goldman Sachs JBWere Emerging Leaders Fund. Over his career, Tim has been nominated or won eight distinguished industry awards, including “Fund Manager of the Year”.
Tim holds a Bachelor of Economics and a Graduate Diploma from the Securities Institute of Australia. Tim is also a Fellow of the Financial Institute of Australia and holds a Masters of Business Administration from Melbourne Business School.
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Tim Hannon
Principal
Newgate Capital Partners
Tim has 22 years’ experience in the investment and securities markets. Tim was a partner of Goldman Sachs JBWere and during his 15-year tenure at the firm had senior experience across all areas of equities investing. Tim was Head of Australian...
Expertise
No areas of expertise
Tim Hannon
Principal
Newgate Capital Partners
Tim has 22 years’ experience in the investment and securities markets. Tim was a partner of Goldman Sachs JBWere and during his 15-year tenure at the firm had senior experience across all areas of equities investing. Tim was Head of Australian...
Expertise
No areas of expertise
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