AJA astro japan property group

Longer term, the sustainability of the distribution depends on...

  1. 221 Posts.
    Longer term, the sustainability of the distribution depends on FX and rental yield.

    If rental yield falls from the current circa 5% to say 4% (a 20% drop), 7 cents distribution is not sustainable.

    If rental yield falls from the current circa 5% to say 4.5% (a 10% drop) AND exchange rate is around 95-105, 7 cents distribution is not sustainable.

    Other than the above scenarios, i expect the 7 cents distribution to be sustainable with upside possibility.

 
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