With the positive REIT sentiment in US (up 8%) we should see some good movement in BEC today. Afterall, they're shedding the "Financial Monkeys" off their back BIG TIME!
Which other REIT/Property Developer has managed to reduce debt (in percentage terms) to the extent BEC has....and...also find a rock solid JV partner for one of its major asset groups....and...has a future in developing "urban villages" where Rudd has committed to spending $6bn.
Caveat: This is NOT a ramp...merely one citizens attempt to right the awful wrong perpetrated on BEC by the financial media (specifically the Financial Review).
I hold BEC and BECG
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