URF 0.00% 28.5¢ us masters residential property fund

Yes of course, and that's as it should be because the lenders...

  1. 4,852 Posts.
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    Yes of course, and that's as it should be because the lenders will be as concerned about their security as we unitholders will be. Currently the assets are roughly 50% debt funded and 50% proprietorship, so after debt allocations, costs, cash management, I would expect $150 million in sales to make $50-$60 million available for a return of capital:
    https://hotcopper.com.au/data/attachments/6184/6184341-863325741b387ab1f8d7afd2350ef6fe.jpg

    With 723,809,508 units on issue, that would equate to 6.9c to 8.3c per unit...

    ...or am I getting the fumes of whatever they're smoking next door?
    Last edited by TerribleTadpole: 20/05/24
 
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