MDT macquarie ddr trust

break up value, page-2

  1. 505 Posts.
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    Pad,

    Maths are right but the main problem is selling down the centre.

    The problem is the market for discount centres has gone iliquid. They are extremely hard to sell, particularly ones in a JV structure.

    But your right there is a lot of equity there if they can get to it.

 
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