IOF investa office fund
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Ann: IOF 1H18 Results Presentation, page-2

  1. hanabi
    1,189 Posts.
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    20/02/18
    10:46
    Post #: 31181620
    Slide 33:

    Incentives paid during the period (32.9)

    So $33m in incentives paid for the half. That's worryingly high. And cap rate barely above 5%. No wonder the divi is so low.
    IOF Price at posting: $4.25 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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