Feb 16, 2023 / 12:00AM GMT
Operator
Thank you for standing by, and welcome to the Growthpoint Properties Australia 1H '23 Results Conference Call. (Operator Instructions)
I'd now like to hand the conference over to Mr. Tim Collyer, Managing Director. Please go ahead.
Timothy James Collyer - Growthpoint Properties Australia - MD & Director
Good morning, and welcome to Growthpoint Properties Australia's first half results for financial year 2023. I'm Tim Collyer, Managing Director of Growthpoint. Joining me this morning are Michael Green, Chief Investment Officer; Sam Sproats, Executive Director of Funds Management; and Dion Andrews, Chief Financial Officer. We will take you through the presentation, and then we'll be happy to answer any questions you may have.
On Slide 4, I'm pleased to present an overview of our first half results. Growthpoint has delivered positive funds from operation growth of 12.5%, driven by net property income growth of 19%, demonstrating the quality of our directly-owned portfolio. In September, we completed the 100% acquisition of Fortius Funds
Half Year 2023 Growthpoint Properties Australia Ltd Earnings Call Transcript
Feb 16, 2023
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