Leasing ActivityPrime signed 592k sq ft of leases in FY24, marking a 1.9% YoY increase, with a 1.8% positive rent reversion.
Portfolio ValuationPortfolio valuations rose by a surprise 2.2% on the back of stronger cashflow visibility.
Share Price PotentialPrime is currently trading at a steep discount at 0.27x P/NAV, indicating potential for share price appreciation.