Yes, there is a problem shareholder in this stock, and it might even be ING.
But if aany fund manager bothers to do a comparative valuation, with, for example MDT/CER/RNY/AEZ/MIX/TSO they will find it is hugely undervalued.
Currently only two other REITS are more undervalued by my reckoning - GJT and MPF, and both have higher gearing, lower ICR and are in breach.
