anyone like this one?, page-3

thanks for the reply gerling, do you know much about CPA, (commonwealth office trust) their NTA is $1.16, trading at $1.03, also pays a yield of about 5.8% Unfranked.

during GFC did placements around 85-90c when stock was $1.20+, but has recently been doing buybacks, and its gearing is around 24%.

Ever heard of that one? if we get a GFC 2, will that be a good time to buy office trusts, or is gearing even at 20% too high if we get another credit crunch, or DEBT crunch as it wil be this time abd they will be forced to do more placements to stay alive?

thanks gerling