u.s. housing starts unexpectedly increase on c, page-9

Prospects of asset sales I think is very high as mentioned on this thread with 74% clearance auction rate, average unit price soar 8-10% in Sydney. So buddy If you think that prospects of assets sales is unrelated to a a 22 percent rise in housing starts from January in US and you want to start talking about swimwear and holidays, then I think you have rocks in your head and are here just playing funny buggers.

Call me contrarian, but I definately think that this rise in housing starts is good for not only confidence, but also the economy. If the Australian economy and housing is unrelated to the US then we wouldn't be in this predicament in the first place.

And where do you get 5b of debt expiring in next 12 months? Am I missing something? I think you need to do your research. I am reading the latest H/Y

"$5.3MILLION debt expiring in next 12 months"

Or were you just Lying about 5b?

Also only 5.9 % lease expiry in the next 12 months, 63% of leases expire in 5+ years. Total properties valued at 1.1 billion as of Dec 31 2008. 63% of our properties are in Aus/NZ, 37 % in UK. 97% tenant retention.

Goodluck to you and the downramps.
I'm buying.