AFR Article

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    Did anyone see the article in the AFR yesterday? It spoke of a recent report that showed strong demand for convenience retail with cap rates to actually compress slightly from an average of 5.5 percent in 2023. There are quite a few stations that have just hit the market and if they sell around that 5.5% mark. I bought into DXC rather than Waypoint due the NTA discount but if these sales play out as expected in the next few months it could firm up the reported NTA'S for both companies. Might also bring asset sales and resulting buy backs into play again.
 
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