announcements, page-17

Congratulations guys . Big surprise ! Early and with expected dividend to come mid year .Nicholas Blake is showing himself to be a very sagacious manager of prime quality .

When it was touch and go and he handed back the keys to half the portfolio cutting earnings was a masterstoke of big proportions.This probably was and is last reit to pull through the gfc ?

Lot of skin went off the shins but its made it .

Gearing is still a little high but coming down but this also has leverage in the play as well. Not a bad thing when your profitable !

They sell those properties as a group and with the intention for returns to unit holders a bigger surprise could be in the mid year.

One would think a few dusty manila folders would be coming out from under the bed!

I think would be a pretty good low maintence holding for a smf .

Note to oneself stop ramping. (:

Sentiment ! Green with envy and happy for your all.