Upside accelerator is increase in portfolio...

Upside accelerator is increase in portfolio valuations.

Expectation was for better quality industrial assets to improve this year followed by mid-tier next year. I'm thinking that timeline's slightly ahead of schedule.

Widens the gap between assets and liabilities a bit quicker than currency benefit, which is equal in application.

I'm thinking 23-25 cents is not out of the question by the end of the year if discount to NTA gap closes in similar fashion to other REITS.