Waypoint REIT Ltd traded at 2.49 this Friday February 13th, increasing 0.01 or 0.40 percent since the previous trading session. Looking back, over the last four weeks, Waypoint REIT Ltd gained 1.19 percent. Over the last 12 months, its price rose by 2.89 percent. Looking ahead, we forecast Waypoint REIT Ltd to be priced at 2.43 by the end of this quarter and at 2.29 in one year, according to Trading Economics global macro models projections and analysts expectations.
Waypoint REIT Limited is an Australia-based company that owns fuel and convenience retail properties with a portfolio of networks across all Australian states and mainland territories. The Company''s investment objective is to maximize the long-term income and capital returns from its ownership of the portfolio for the benefit of all security holders. Its portfolio is classified into four segments: Capital Cities, Other Metro, Highway and Regional. Its Capital Cities assets are located in the Greater Capital City Statistical Areas of Australia’s eight states and territories. Its Regional portfolio of assets is located in smaller regional cities and towns. The Company''s properties in the portfolio are leased to Viva Energy Australia Pty Limited, with other tenants, including other fuel and convenience retail operators and non-fuel tenants. The Company owns a portfolio of approximately 402 fuel and convenience properties.