AJA astro japan property group
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  1. bvw1705
    1,752 Posts.
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    05/01/11
    04:09
    Post #: 7687463
    Article from the Australian:

    http://www.theaustralian.com.au/business/aevum-retires-as-listed-property-trust-sector-grows-weary/story-e6frg8zx-1225981958050

    AJA does not get a mention but the gist of the story is that smaller trusts are being wound down or absorbed into biger trusts and whole sector is trading bellow NTAs, smaller funds up 50% discount with biger somewhat better.

    Main probem being refinancing as banks gety tougher.
    AJA Price at posting: $3.15 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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