CMW 1.20% 42.0¢ cromwell property group

Unibail Rodamco kept to their asset sale plan at consistently...

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    Unibail Rodamco kept to their asset sale plan at consistently around 10% below book in order to get gearing under control.

    Stock price has jumped from $3 to $6+ in 18 mths.

    This downturn is nothing like the GFC....there's been no widespread overborrowing or overbuilding, nor lenders in distress leading to forced, widespread dumping of assets into a s***scared market.

    Inflation is being tamed, consumers are feeling stressed now and absurdly high immigration levels will dampen wages growth. Rates on hold for a while longer methinks. 10 yr bond will ease in line with rest of world.

    Get ready for the next leg up in reasonable quality REITS - before the physical market follows suit.




 
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Last
42.0¢
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Mkt cap ! $1.099B
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42.0¢ 42.5¢ 41.0¢ $1.349M 3.219M

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No. Vol. Price($)
1 30336 41.5¢
 

Sellers (Offers)

Price($) Vol. No.
42.0¢ 30873 2
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Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
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41.5¢ 42.5¢ 41.0¢ 1075552
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