BWP 0.00% $3.69 bwp trust

So far correct. BWP was the greatest participant in a zero...

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  1. 7,505 Posts.
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    So far correct. BWP was the greatest participant in a zero interest rate world. Very strong underlying assets, but with a rediculously low CAP rate.
    Will not stack up in the current environment, and given their low rent increases, I am very suspicious, that serious write down in asset values will occur over the next 12 months.

    Still strong avoid!!!
 
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