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Desane Boosts Property Values by $6.6M, Lifts NTA Per Share by 9 Cents
5:53am on Monday 2nd of June, 2025 AEST
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Real Estate
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Desane Boosts Property Values by $6.6M, Lifts NTA Per Share by 9 Cents
5:53am on Monday 2nd of June, 2025 AEST
Key Points
Property portfolio valuation increased by $6.6 million (12.7%) since June 2024
Independent valuations conducted on four key properties in Leichhardt NSW and Wacol QLD
Net tangible asset (NTA) per share expected to rise by approximately 9 cents
Growth attributed to strong investment demand, rental growth, and extended leases
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