News: Federation Centres Half Year Results Announ, page-5

re: News: Federation Centres Half Year Result... it depends you can 100% of something small or 50% of something big and still have the same bottom line.

I see it as positive and its a good way to recycle capital especially when money is limited.

yes they give away 50% but still retain the right to manage the property and earn management income.

the 50% they sell they use the cash to either pay the loans and reduce interest and refurbish assets so they can maintain rents or justify increasing rents or even buy distressed property that could give a good capital gain. I am sure there is plenty out there.