I suspect this fourth wave ( or is it fifth wave now ) of the financial crisis is becoming the nails into the coffin of the weakest "property trusts" including the Rubicon 3 and RRT.
The prospects of them being able to offload some of their properties at or close to book value are diminishing.
Read todays new re RRT, I reckon these are in the same boat.
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- nails in the coffin for the rubicons
I suspect this fourth wave ( or is it fifth wave now ) of the...
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