u.s. housing starts unexpectedly increase on c, page-10

Sungar - please tell me how you really feel. Don't hold back.

The current prospects of assets sales for VPG are unrelated to single month auction clearances in Melbourne and US house starts. Particularly those assets that sit in the UK. Selling office buildings and industrial properties is not like putting a unit up for auction with LJ Hooker.

For the record, I think VPGs prospects of asset sales are extremely high. There is plenty of cash on the sidelines and they own some quality assets. Question will be at what price and oil prices, US housing starts, auction clearance rates for residential property in Melbourne is not going to assist in the value of (for example) an office building in Exeter any time soon. Sorry.

Downramping? I said, if management can overcome the current challenges I expect it to perform extremely well. Are we not allowed to mention the challenges? Is this a positive news only to be reported stock? You appear to be a little touchy.

I do like their lease expiry profile you mention. And quite a number of the management are top operators. Oh - and on the debt, the 'b' was supposed to be a 'm'. Sorry - typo.

I hope you do well with this one. But unlike your penultimate line, I actually mean it.