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Where a property that has entered the CIPT regime is converted to a non-qualifying use (e.g. residential) and the property continues to be used for that non-qualifying use as at 31 December in a given year, the owner will not be liable for the CIPT on that property for the following ...
Thinking about relocating, downsizing, expanding or renewing a commercial lease? We're commercial tenant representatives who work for you (not the landlord). Sydney. Melbourne. Brisbane. Perth. Canberra. New Zealand
• Improved same-asset property net operating income (NOI) by 4.8% compared with 2006 results, due primarily to increased average rent; • Achieved unitholder distributions at a payout ratio of 100.4% of AFFO, in line with the targeted payout ratio of 100%; • Maintained a conservative...