Ann: 2014 Results, page-15

target for tix is 2.50 by dividend time(4.8 cents), running yield fy15 is approx 7.8% at this time as u get the dividend.

attractively valued REIT, as u said tax deferred income component makes it attractive, also CFDable where you can leverage the yield up, benefit of high yield unfranked dividends.

normal blue chip yield with franking credit you cant CFD and get the franking credit - franking credit goes to the cfd provider.

fy16 target yield DPS is approx 19.7 CPS, another 3% increase like FY15's.

this would make its next year price target around $2.70, at around 7.3% FY16 yield.