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 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...

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