this is not your traditional reit

Looking at the history of the entries here it seems that there is some confusion as to where MPL sits in the REIT universe.

I am not surprised its trading at such a discount to NTA - this is a fund of funds owning minority positions in illiquid unlisted property funds.

Many of the funds have suspended redemptions and suspended distributions. Some of the funds are highly geared and own secondary assets that are subject to the biggest price reductions in the current environment.

Looks over priced to me relative to other REITs that have greater liquidity and direct - as opposed to indirect exposure to property.

In the current market how do u value a minority interest in an unlisted property fund when there are no buyers- just investors wanting to get their money out.

I would stick to mainstream REITs with liquidity and control over their direct holdings.