In 2017 the RBA rate was 1.5% and the cap rate for self storage was 7%.
In 2024 the RBA rate is 4.35% and the cap rate for self storage is apparently 5.67%.
I'd love to see the justification for why the spread which used to be 550bps should now be 130bps.
ASK aren't alone in this of course - the whole REIT industry are using cap rates that don't seem to make sense to me.
Welcome to ASX... ASK, page-20
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ASK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.16 |
Change
-0.035(2.94%) |
Mkt cap ! $1.517B | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.18 | $1.14 | $1.143M | 986.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7080 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.17 | 4610 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ASK (ASX) Chart |