Another divestment at book value to reduce debt, further reduces the likelihood of a capital raising.
I still think there will be a low single digit devaluation in the FY accounts & a similar low digit reduction in distributions next year & then that will be it.
Flat to increases in asset values & distributions from then onwards.
This is when you buy IMO, at the bottom, not when asset values are rising consistently.
Ann: Non-core Toowong office divested, page-2
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