Its not RJT but relevant, BJT sell another property today for...

Its not RJT but relevant, BJT sell another property today for 35% premium to Dec 31 2007 book value, a few weeks ago they sold some other property for strong gains aswell. RJT is trading at a level where the market thinks the book value of its properties have fallen 30% since last year!

You can only pick up this stock so cheaply because of the problems with Allco, and the other rubicons that are invested in the struggling U.S. and Europe.

The reality is these factors are irrelevant.

The market is slowly coming to terms with this.

BJT & GJT are now trading some 20% off their lows.

You can buy RJT now maybe 3% or 4% off its lows. Almost half its NTA as Japan property being revalued UPWARDS. A juicy margin exists between rents received and borrowing costs over there.