lousy stock, page-19

The only risk I can see if the discretionary spend on the pub sector softening which may impact endeavour group that then flows onto a portion of the REIT property holdings.

not concerned even if you assume EPS increases 1-1.5% during these times due to other factors of the property portfolio having 2-3% rent increases during this time, the increases in rent collections covers potential long term interest rate increases.

id suggest modeling repayments at 3.7% with their current debt and factor in a 1.5% rent growth over three years. That will give you a good foresight to potential distributions in the future.’

very basic and DYOR.