Well, I suppose in this climate a reduction in value was inevitable, but still at todays price, it still 4 times lower than the NTA.. As long as they can maintain their dividend, this really should be an outstanding play. Well, I have thought that many times before and been burnt those times too. But, I am willing to hold in hope of the dividend. Far too good to pass up and property will once again become the flavour of the month at some point..
All the best to those who hold
BJT
babcock & brown japan property trust
Ann: December 2008 property revaluations , page-2
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