At the current price MUE looks like an attractive target for a cashed up G-REIT looking to expand.
An offer price of around 26-28cents would be a nice premium for current holders whilst still being a substantial discount to the NTA. Particularly since the german commercial property market seems to be on the cusp of increasing valuations.
Does anyone have an opinion? Are there better stocks on the ASX that are exposed to german property?
http://www.pie-mag.com/articles/1013/window-of-opportunity-for-growth-in-german-listed-property/
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