|Bid||1.6950 x N/A|
|Ask||1.7000 x N/A|
|Day's range||1.6900 - 1.7050|
|52-week range||1.1800 - 1.7300|
|Beta (5Y monthly)||0.22|
|PE ratio (TTM)||18.23|
|Forward dividend & yield||0.09 (5.33%)|
|Ex-dividend date||18 Nov 2021|
|1y target est||1.51|
Irongate Group (ASX: IAP; JSE: IAP) has today announced the acquisition of an industrial business park in Perth, the acquisition of an A-grade office building in Melbourne and a fully underwritten institutional placement.
Irongate Group (IAP or the Fund) is pleased to announce that a contract for sale has been entered into on 5 November 2021 with Charter Hall Direct Fund 4 to sell the property located at 24 Wormald Street, Symonston ACT (Property) for $36,000,000.
Irongate Group (IAP or the Fund) has today released its financial results for the half year ended 30 September 2021, delivering an interim distribution of 4.53 cps which equates to 91% of FFO. Commenting on the Fund's results, IAP CEO Graeme Katz said: "The financial result we are releasing today is underpinned by the ongoing strong underlying performance of our property portfolio, our active balance sheet management and the progress made over the past six months in building out our funds man