DXC 0.36% $2.75 dexus convenience retail reit

Ann: HY24 Results presentation, page-3

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    6.3% cap rate is an abritary rate based on estimated valuations that are likely to be depressed where as a 6.0% yield is based on an actual real construction cost.
    Some commercial properties are currently valued at below construction cost & the leases will have annual price rises.

    I don't see it as a big deal.
 
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