The value of a REIT is in the high predictability value of rent. If the tenant is a related party I would say that the predictability of the income stream is less than with an independent tenant. Take Westchester, which is a private farmland private equity fund. It leases farms to independent tenants. I value that platform more highly than RFF now that I understand half of its tenants are related parties. Do you understand that fundamental point around valuation and the benefit of predictable income (rent) with no direct operating exposure?
The value of a REIT is in the high predictability value of rent....
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Last
$2.01 |
Change
0.000(0.00%) |
Mkt cap ! $780.3M | |||
| Open | High | Low | Value | Volume |
| $2.01 | $2.03 | $2.00 | $812.3K | 402.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 131173 | $2.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.02 | 8071 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$2.01 |
Change
0.000 ( 0.05 %) |
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| Open | High | Low | Volume | ||
| $2.02 | $2.03 | $2.00 | 81982 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| RFF (ASX) Chart |