The value of listed ING Medical Properties portfolio has risen by more than $10 million in the last year. During the year to 30 June its portfolio value had improved by 3.6% up to a total of $292 million. The valuation was performed by Colliers, CB Richard Ellis and Darroch independently. Its weighted average capitalisation was 8.7%, and occupancy at 99.6%. Its gearing is forecast to go down from 34.17% to 32.98%.
Read this news article on NBR New Zealand.
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