Not really on the yeild thing, they are paying about the odds...

Not really on the yeild thing, they are paying about the odds for the company type they are.

ING, Macquaire and others pay around the 8% plus as a property trust.

ALZ pays over the odds because they are still a developer and you are being paid for the increased risk that comes with that.

Lots of developers have seen the advantage of building a portfolio, including a more stable if lowered growth and income rate.

But it would normally not offer as high a share price growth but ALZ has been badlt discounted, for more of a market perception, rather than anything they have done, and were due to return to their original price of around $1.86.

Regards

Stu