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clock Created with Sketch. 23/02/24
14:30
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Originally posted by timbowls:
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I've done some very rough modelling out of my own tonight trying to factor in a 50% offer take up (I reckon that will be about right considering sentiment from most shareholders is poor however we've already got over 30% committed from TGP and then Tony Pitt's private holdings) and then a further 5% decline in valuations across the property book by the end of the current financial year (slightly more than a 0.25% cap rate expansion to about 5.55% WACR).
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Thanks for sharing your thoughts.p.21 "To date, there has been little evidence to suggest that capitalisation and discount rates have softened. The Fund has continued to re-assess the valuation method to ensure appropriate consideration given to inputs used."
(20min delay)
