Arena REIT
Appendix 4D
31 December 2021
Arena REIT
only | Appendix 4D | ||||||||||||||
For the period ended 31 December 2021 | |||||||||||||||
Name of entity: | |||||||||||||||
Arena REIT (ARF) comprising the securities of Arena REIT Limited, Arena REIT No.1 and Arena | |||||||||||||||
REIT No.2 | |||||||||||||||
use | ARSN: | ||||||||||||||
Arena REIT No.1 (ARSN 106 891 641) | |||||||||||||||
Arena REIT No.2 (ARSN 101 067 878) | |||||||||||||||
ACN: | |||||||||||||||
Arena REIT Limited (ACN 602 365 186) | |||||||||||||||
Reporting period | |||||||||||||||
personal | This report details the consolidated results of Arena REIT for the half-year ended 31 December 2021. | ||||||||||||||
Arena REIT is a stapled security comprising Arena REIT Limited, Arena REIT No.1 and Arena REIT | |||||||||||||||
No.2. | |||||||||||||||
Results for announcement to the market | |||||||||||||||
All comparisons are to the half-year ended 31 December 2020. | |||||||||||||||
$A'000 | |||||||||||||||
Total income from ordinary activities | Up | 194% | to | 191,835 | |||||||||||
Profit from ordinary activities after tax attributable to Arena REIT stapled | Up | 204% | to | 185,796 | |||||||||||
group investors | |||||||||||||||
Net profit for the period attributable to Arena REIT stapled group investors | Up | 204% | to | 185,796 | |||||||||||
Distributions | |||||||||||||||
Quarter | Cents per | Paid/Payable | |||||||||||||
security | |||||||||||||||
For | September Quarter | 3.9500 | 4 November 2021 | ||||||||||||
December Quarter | 3.9500 | 3 February 2022 | |||||||||||||
Total | 7.9000 | ||||||||||||||
Net assets per security | |||||||||||||||
Consolidated | |||||||||||||||
31 December | 30 June | ||||||||||||||
2021 | 2021 | ||||||||||||||
Net asset value per ordinary security | $3.02 | $2.56 |
For personal use only
This information should be read in conjunction with the 31 December 2021 Half Year Financial Report of Arena REIT and any public announcements made during the period in accordance with the continuous disclosure requirements of the Corporations Act 2001 and Listing Rules.
This report is based on the Arena REIT 31 December 2021 half-year financial statements which have been reviewed by PricewaterhouseCoopers. The Independent Auditor's Review Report provided by PricewaterhouseCoopers is included in the 31 December 2021 half year financial statements.
Signed:
David Ross
Chairman
11 February 2022
Arena REIT
ARSN 106891641
For personal use only
Interim Report
31 December 2021
For personal use only
Arena REIT
ARSN 106 891 641
Interim Report
31 December 2021
Contents | Page |
Directors' report | 2 |
Auditor's independence declaration | 9 |
Consolidated statement of comprehensive income | 10 |
Consolidated balance sheet | 11 |
Consolidated statement of changes in equity | 12 |
Consolidated statement of cash flows | 13 |
Notes to the consolidated financial statements | 14 |
Directors' declaration | 24 |
Independent auditor's review report to the securityholders | 25 |
These financial statements cover Arena REIT (the 'Group') comprising Arena REIT No. 1, Arena REIT No. 2, Arena REIT Limited, and their controlled entities. The financial statements are presented in Australian currency.
The Responsible Entity of Arena REIT No.1 and Arena REIT No. 2 (the 'Trusts') is Arena REIT Management Limited (ACN 600069761, AFSL 465754). The Responsible Entity's registered office is:
Level 32, 8 Exhibition Street
Melbourne VIC 3000
1
For personal use only
Arena REIT Directors' report 31 December 2021
Directors' report
The directors of Arena REIT Limited ('ARL') and Arena REIT Management Limited ('ARML'), the Responsible Entity of Arena REIT No. 1 and Arena REIT No. 2 (the 'Trusts'), present their report together with the financial statements of Arena REIT for the period ended 31 December 2021. The interim financial report covers ARL, Arena REIT No. 1 ('ARF1'), Arena REIT No. 2 ('ARF2'), and their controlled entities.
ARF1, ARF2 and ARL are separate entities for which the units and shares have been stapled together to enable trading as one security. The units of ARF1, ARF2 and shares of ARL cannot be traded separately. None of the stapled entities controls any of the other stapled entities, however for the purposes of statutory financial reporting the entities form a consolidated group.
Directors
The following persons held office as directors of ARL during the financial period and up to the date of this report:
David Ross (Chair, Independent, non-executive)
Rosemary Hartnett (Independent, non-executive)
Simon Parsons (Independent, non-executive)
Dennis Wildenburg (Independent, non-executive)
Rob de Vos (Executive)
The following persons held office as directors of ARML during the financial period and up to the date of this report:
David Ross (Chair, Independent, non-executive)
Rosemary Hartnett (Independent, non-executive)
Simon Parsons (Independent, non-executive)
Dennis Wildenburg (Independent, non-executive)
Rob de Vos (Executive)
Gareth Winter (Executive)
Principal activities
The Group invests in a portfolio of investment properties and is listed on the Australian Securities Exchange under the code ARF.
There were no changes in the principal activities of the Group during the period.
Distributions to securityholders
The following table details the distributions declared to securityholders during the financial period:
31 December | 31 December | 31 December | 31 December | ||
2021 | 2020 | 2021 | 2020 | ||
$'000 | $'000 | cps | cps | ||
September quarter | 13,628 | 12,363 | 3.950 | 3.625 | |
December quarter | 13,651 | 12,735 | 3.950 | 3.725 | |
Total distributions to securityholders | 27,279 | 25,098 | 7.900 | 7.350 |
2
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Arena REIT published this content on 10 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 February 2022 21:35:39 UTC.