| Thu 29 Oct 2020, 7:51 | | INVESTEC AUSTRALIA PROPERTY FUND - Interim Results – 30 September 2020 |
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Interim Results – 30 September 2020
INVESTEC AUSTRALIA PROPERTY FUND
Established in Australia and registered with ASIC as a managed investment scheme (ARSN 162 067 736)
Operated by Investec Property Limited (ACN 071 514 246; AFSL 290 909) (Responsible Entity)
Registered as a foreign collective investment scheme in terms of the Collective Investment Schemes Control Act
No. 45 of 2002
Unit code: IAP
ISIN: AU0000046005
(IAP or the Fund)
INTERIM RESULTS – 30 SEPTEMBER 2020
The board of directors of the Responsible Entity is pleased to announce the interim results for the six months ended
30 September 2020.
30 September 2020 30 September 2019 Increase/(decrease)
Revenue (AUD’000) 45,185 47,915 (2,730)
Operating profit (AUD’000) 31,676 29,023 2,653
Headline earnings (AUD’000) 25,554 22,004 3,550
Earnings per unit (cents) 6.27 8.04 (1.77)
Net asset value per unit (AUD) 1.34 1.33 0.01
Distributions per unit (pre WHT) (cents) 4.39 4.79 (0.40)
Distributions per unit (post WHT) (cents) 3.97 4.37 (0.40)
The directors of the Responsible Entity are responsible for the preparation and fair presentation of this short form
announcement and its contents.
The reviewed condensed consolidated interim financial results for the six months ended 30 September 2020 have
been reviewed by KPMG, who expressed an unmodified review conclusion. A copy of the auditor’s review report is
available for inspection at the Responsible Entity’s registered office together with the financial statements identified
in the auditor’s report.
This short form announcement is a summary of the information in the full announcement, and any investment
decision should be based on the full announcement. The full announcement is published on SENS and available at
www.iapf.com.au and at https://senspdf.jse.co.za/documents/2020/jse/isse/iap/interim20.pdf. In addition, the full
announcement is available for inspection at the Responsible Entity’s local representative office, at no charge, every
Monday to Friday between 08:00 – 17:00. Copies of the full announcement can also be requested via email on
iapinvestorrelations@investec.com.au.
A copy of the investor presentation in relation to the interim results is available at www.iapf.com.au and at
https://www2.asx.com.au/markets/company/IAP.
Johannesburg
29 October 2020
Investment Bank and Sponsor
Investec Bank Limited
Date: 29-10-2020 07:51:00
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