re: Ann: Preliminary Update on Property Reval... snowfree,
THanks again. As I said in a previous post, the 5% decline and the resulting decline in NTA should be partiually offset my the currency appreciation.
As long as occupancy is stable across retail and residential and office occupancy/vacancy has been managed then I am not concerned.
Also, as I previously said, although it isn't going to dent the debt, I would not be adverse to lower distributions if the money is used to wisely amortise debts. This will innevitably lead to higher distributions down the track.
Cheers and good luck.
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