Thanks Brickworks. I presume at this stage, most potential...

Thanks Brickworks.

I presume at this stage, most potential downsides have already been overly factored into the sp already.

The downside of further deteriorated economic environment applies to each REIT. With VPG continuing their VCS disposal initiatives which will lead to lower writedowns as the slowdown deteriorates. Over time, it will rebuild institutional investors' confidence, chances of more instos exiting at the bottom sp are slim. Barclays is still a major holder from memory.

I would also expect to see more directors' on-market share purchases in the near future.

BTW, does anyone know when is its next share trading window? How does share trading window work per ASX rules in general?

Thanks, L