26 percent income tax deferred

i have been put on to Rubicon by a mate.
My research is showing some interesting scenarios here.
1. Its paying 11.6c pa tax defered dividends.
2. Their loans are not due to be refinanced for an average of 6 years.
3. 84% of their tennants are US government.
4. they have hedged their usd income at 69c to the aussie.
5. AFG have bought the management rights and have common managers (could explain some selling ie margin calls).
6. They have 1.2x cover ratio on the finance.
7. share price is nearly 1/3 of what it was last year.

i am thinking that the baby has been chucked out with the bath water. they dont have subprime exposure and do not have to refinance anytime soon.
you can buy a 26% dividend now.
will value return to the market over the next few years and give you a good capital gain as well?

comments both positive and negative are welcome.

cheers