re: News: Federation Centres Half Year Result... Good points PT.
I'd thought with the gearing we have we'd be steady sailing. I've either not read or heard of the rational behind the sell offs. To my mind we're selling our earning potential. 100% of the returns of center XYZ is all ours. Now it's 50%.
One would hope the management are worthy of the role and the freed up cash / less debt earns us more than the 50% we've sold.
Looking forward to my distribution cheque.
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