Agree that falling AUD is good for GJT. But Japan is also trying to devalue its own currency.
Haven't read the details for long. Just wondering when GJT could fully repay the loan from that vulture financier based on current rental cash flow level?
That day would be the day to celebrate, except that the Japanese economy is a basket now, and it is not easy to find a buyer at reasonable price.
It appears that management intends to have orderly sell of the properties to return value to the unitholders.
Agree that falling AUD is good for GJT. But Japan is also trying...
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