Portfolio
summary

PFI’s portfolio is significant, its tenant quality is high, and with 100.0% occupancy it has an enviable lease expiry profile (all figures as at 31 Dec 2023).

Top Ten Tenants by Rental Income

Tenant No. of Properties Annual Rent ($000's) %
of Total
1 EBOS 5 5,265 5.5%
2 Fletcher Building 7 4,504 4.7%
3 MOVe Logistics 4 4,135 4.3%
4 Fisher & Paykel Appliances 1 4,070 4.2%
5 ENZAFruit 1 3,659 3.8%
6 Cottonsoft 1 3,488 3.6%
7 ETEL 2 2,770 2.9%
8 DHL 1 2,655 2.7%
9 Mainfreight 2 2,498 2.6%
10 Grayson Engineering 1 2,245 2.3%
Subtotal 25 35,289 36.6%
Total 92 96,584 100%

Lease Expiry by Rental Income

Investment Portfolio by Value - New Zealand

Auckland85.3%

Mt Maunganui5.8%

Hawkes Bay3.3%

Wellington2.4%

Christchurch1.3%

New Plymouth1.1%

Nelson0.4%

Hamilton0.4%

Rent Review Type by Rental Income

CPI15.7%

Market17.3%

Fixed67.0%