There are two other similar Japan Property trusts you should...

There are two other similar Japan Property trusts you should look at:

--GJT--
Similar position to BJT. Similar leverage, similar interest cover. Newer entrant and thus possibly more susceptible to downward revaluation. Smaller. For these two reasons this is even cheaper than BJT. Both seem good value, I hold this aswell as BJT.

--RJT--
Another Japan property trust, but this one is in deep trouble. This is a good case study on what is at risk here. Last week it was trading below 1c. Its being priced for default at the moment.