Might be good for a US fund manager wanting to generate income...

Might be good for a US fund manager wanting to generate income from a portfolio of well occupied , well rented , semi recession proof tenants in the mid end shopping centre districts.

The time to buy in to the real estate is usually when your yield is increasing against a dropping capital value.

In the CNP case the yields are holding , if anything increasing as a % of the asset value.

The asking price or the asset value of these properties in a normal market could be expected to be far greater in years to come .

The opportunity like goldmans for Mr buffet comes in times of crisis and Goldman shareholders would welcome him as a shareholder likewise the current owner of the said shopping centres would accept sale of assets at a price that may have actually laughed at only 12 months back, and as they are bricks and mortar with strong occupancy and yield may well in a recovery and rebound with changes of economic sentiment from the likes of Buffet moving from a seller to a buyer in this fallen market.