Investa Office Fund announced that it had commenced the revaluation of 5 key assets in Sydney and Brisbane (23% of the portfolio) with initial results reflecting a 8.7% to 9.3% lift in values. Investa report that the weighted average cap rate from these valuations moved from 6.05% last period to 5.68% this period. The final valuation numbers will be released following the year end audit however it is expected that the results will increase the NTA by 13 to 14 cpu. Read Announcement #Investa
