AEZ 0.00% 0.1¢ apn european retail property group

One of the concerns re AEZ for investors, has been the Financial...

  1. 41 Posts.
    One of the concerns re AEZ for investors, has been the Financial Security of AEZ, as per the financial security of its lender RBS - Royal Bank of Scotland.

    Tonight RBS got that important Financial Security, when the UK Govt agreed to commit financial support.

    See the link below for the full story on Bloomberg....

    http://www.bloomberg.com/apps/news?pid=20601087&sid=a9MBFPNg_6mY

    This will give the RBS the ability to support AEZ in a longer term deal.

    The greater the security of AEZ funding, and AEZ's continued successful business activities in shopping centres, supporting its cash flow income, the more likely another fund manager will join Orbis in accumulating this property stock, currently trading at about(.079) 25% of its NTA(.32)

    Looks good to me.

    G.
 
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