Newmark REIT Management Ltd Unit

  • IPO date:
  • Sector: Real Estate
  • GIC Group: Equity Real Estate Investment Trusts (REITs)
  • Industry: REIT-Diversified
  • Company website

Company description

Newmark Property REIT ('NPR') is a stapled group comprising the Newmark Hardware Trust ('Hardware Trust') and the Newmark Capital (Chadstone) Property Trust ('Chadstone Trust'). NPR was formed on 7 December 2021. Aiming to deliver consistent and growing income distributions, Newmark Property REIT offers investors access to well-located, high-quality Australian hardware and large-format retail properties leased mainly to Wesfarmers subsidiary, Bunnings.

Financial highlights

Market Capitalization$203.4461 million
P/E Ratio0
P/E Growth Ratio
Book Value1.511
Dividend Per Share0
Earnings Per Share-0.06
EBITDA
Profit Margin-0.3727
Operating Margin TTM0.7169
Return on Assets TTM0.0261
Return on Equity TTM-0.0257
Revenue TTM30,692.164

Income statement highlights

All numbers are in thousands

Date Total Revenue Cost of Revenue Gross Profit Total Operating Expenses
2021-06-30 14,646.04 1,771.7 12,874.34
2022-06-30 23,530.059 2,943.874 20,586.185 6,686.798
2023-06-30 28,929.795 4,291.829 24,637.966 5,856.944

Balance sheet highlights

All numbers are in thousands

Date Cash Total Assets Total Liabilities Short Term Debt Long Term Debt Common Stock
2021-06-30 323,143.53 169,215.83 0 116,462.32 117,044.88
2022-06-30 5,275.909 498,074.535 137,674.537 1,593.884 129,779.54 273,637.652
2023-06-30 5,089.958 555,943.115 226,102.492 3,788.901 206,139.291 268,310.539

Cash flow highlights

All numbers are in thousands

Date Net Income Total Cash Change in Cash Begin period cash End period cash Dividends
2021-06-30 3,563.27 -3,918.56 754.046
2022-06-30 48,864.233 9,320.18 4,521.863 754.046 5,275.909 11,933.209
2023-06-30 -11,439.112 12,887.13 -185.951 5,275.909 5,089.958 17,034.464