The APN Industria REIT has forecast a 3 per cent lift in its distributions in the coming year underpinned by fixed annual rent increases across most of its portfolio.
The $520 million ASX-listed stock controls a $739 million portfolio of office and industrial properties and is part of a stable of funds managed by APN Property Group.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com