heron12, it has been sold down, even though the market haws...

heron12, it has been sold down, even though the market haws risen, it could be because anz margin lending has stopped lending on it, so people either stump up cash or sell. but reading last year report profit $23.8 million net...4.37c per share, then this half yearly report in feb says 1.59c net profit per share, they are not losing money, and any money is paid off loans. the banks have stated they will work, and it comes down to valuations. recent valuations have actually risen in other reits in Europe, so if it at least is stable (or risen fingers crossed) a swift re-rating will occur.

nearly 90% occupany as well, so the money is still coming in...