There is only one stock worse than CNP imho and that is CIT.
IN BRISBANE MOST OF CENTROS SHOPPING CENTRES ARE 3RD RATE JOINTS WITH AWFUL TENANTS.
TOOMBUL IS DYING A SLOW AND PAINFUL DEATH.
20% TENANTS ARE GONE AND THE REMAINING TENANTS ARE FURIOUS WITH THE STATE OF THE PLACE.
LUTWYCHE IS A DISGRACE.
WESTFIELD IN CHERMSIDE IS KILLING THESE JOINTS.
IF WE DO HAVE A SEVERE RECESSION,THE MALLS WILL BE SMACKED BIG TIME.
ESPECIALLY THE 'C' GRADE MALLS.
