Commercial property is priced off the 10yr government bond rate.
Ie. if the 10yr bond rate is 3.8%, then an asset like a petrol station might historically trade at a 2.5% spread, so at a 6.3% cap rate.
Over the last couple months, the 10yr went from 3.8% to 4.6% now. So a petrol station should theoretically now trade at a 7.1% cap rate, which reduces the equity value of WPR substantially.
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Last
$2.63 |
Change
-0.015(0.57%) |
Mkt cap ! $1.750B | |||
| Open | High | Low | Value | Volume |
| $2.65 | $2.65 | $2.62 | $970.1K | 368.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 43904 | $2.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.63 | 53236 | 52 |
View Market Depth
| Last trade - 13.19pm 16/06/2025 (20 minute delay) ? |
| WPR (ASX) Chart |