Sorry, the word LENT missing from the following sentence.
As well as borrowing heaps of money to buy US properties, it has borrowed even more money and then LENT $300m to other people. Thats rather alarming.
Now thats odd. I can how it makes sense for a property trust to borrow money to be able to increase its investments in property. Any property investor does that.
Its hard to understand why they would want to be lending out money to other people as well.
RAT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
