SA like-for-like NOI growth 6.4%.
SA vacancies improved from 2.7% to 1.7%.
Castellana NOI growth 6.4%.
Castellana vacancies increased from 1.1% to 1.6%.
FFO per share increased 3% y-y to 158.84c.
DPS increased by 6% to 131.72c.
SA REIT LTV ratio increased from 39.9% to 40.2%.
NAV per share increased from R21.55 to R22.39 y-y.
What is notable is there were another 12.7% more shares (FY24 also 12.7% more shares) in issue and operating cash flow per share (less finance costs) decreased 0.4% (FY24 decreased 13.8%).
