capital raisings...an incredible opportunity

Huntley says that a lot of property trusts are already trading at big discounts to NTA

subscribing to a rights issue to reduce debt at an even bigger discount will be an "incredible opportunity"


worth a read

better not put up the whole article as it may be copy right but here is a part of it.



"These differences will compound in the capital raising process over the next few months. Some of the fund manager AREITS and most of those with high debt, complex financial structuring and overseas property portfolios comprise those AREITs most in need of capital - but they are also those who will have to offer the greatest discounts to attract such capital.

The ALZ capital raising may be looked back on as the start of the biggest buying opportunity in AREIT history. With many AREIT prices already trading well below their net asset backing, based on very high quality portfolios of prime and super prime investment property, subscribing to capital raisings at a further discount may offer incredible opportunities for investors to benefit from the distressed state of the AREIT market. "

LETS HOPE GPT DOES DO A CAPITAL RAISING AT AN ABSOLUTE BARGAIN.

REMEMBER YOU PROBABLY WONT BE ELIGIBLE TO THE ISSUE UNLESS YOU ARE ALREADY AN OWNER.