is it a stone in the well??, page-5

We can only wait.
the key is debt
if rrt can refinance for the next 2-3years the recovery in property prices will be sufficient for a modest return.
Hitherto all outgoings have been met. Average Leases are almost 10years and tenants predominately Government departments.
interest rates coming down should help to lower Cap rates
Loan covenants will always be a concern.