URF 1.75% 28.0¢ us masters residential property fund

Ann: Quarterly Report - Q1 2024, page-3

  1. 135 Posts.
    lightbulb Created with Sketch. 15
    Probably not

    Being cynical, I do wonder if the ongoing sales right around BV is a case of cherry picking and URF holding back the crappier assets from sale.

    They are talking up the US summer sales pipeline. After that’s done, would you take a haircut to say 45c after tax and call it a day/move on?
    I figure an “orderly” disposal program could support a better result, but who knows how long that will take, and the final disposal will probably be a mass sale to someone else at a discount anyway?
 
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