Trading Update – The MLI portfolio met its targets with growth in passing rents and estimated rental values. The company signed 120 leasing transactions during the quarter, with an average rent uplift of 27%. The majority of new leases have Smart Lease® terms and include 3% p.a. fixed uplifts. Despite tenant move-outs, insolvency, or forfeiture, the occupancy levels remain robust, ensuring rental growth.
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