Overpaying for an asset is never ideal however in this situation...

Overpaying for an asset is never ideal however in this situation I think it is the right thing to do. (To a certain extent of course). Tgp wouldn't want to overpay heavily either on properties they can only increase returns on marginally due to long leases in place. I think they never intended to own the trust, they are just trying to make a quick return on there money and are now trying to squeeze as much out of nxt as possible. If this is the case it is a dangerous game of cat and mouse. They might be left holding when they didn't want to. I also think if nxt do buy apdc there Debt facility with the bank will probably be increased when needed due to the extra assets nxt would now own. I trust Craig and his team and support the decision they make. Gltah