IIF (ing Industrial fund) just announced an update...european leases are being renewed and gr8 occupancy...coupled with other REITS in Europe having valuations done recently at an improved valuation, that means the continual decrease of valuations we have seen over the last 2 years could be over.
51% in Germany Austria, which are strong, Bank gave another 6 months plus possible another 6 months on aez loan (see asx announcement)
at 3c it must be the most undervalued, unloved reit on the asx...due for a quick rebound imo northwards..even to 4c is a 25% return...nta 24c...dyor...it is a risky buy but reward could be huge imo
IIF (ing Industrial fund) just announced an update...european...
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