Been watching these for a long time.
Thought it time to pick up a parcel at 18c for a potential rerate.
I dont particularly care if they buy the BNB management rights and cut the 10c dividend. Either way, with low Japanese interest rates and therefore higher gearing, I think this can rerate sharply on a general REIT rally.
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BJT
babcock & brown japan property trust
Been watching these for a long time.Thought it time to pick up a...
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