NSR 0.00% $2.48 national storage reit

Management Expense Ratio

  1. 203 Posts.
    lightbulb Created with Sketch. 6
    Am looking into REIT's for the first time. Anyone know why the management expense ratio of this REIT is so high? commsec is quoting 29.5%. Most others are sitting below 0.5%.

    Same deal with the P/B value. Does this REIT not actually own any of the land it leases out?

    The main reason I was looking into this particular stock is potential benefits from the downsizing grant may give this group some unexpected earnings.
 
watchlist Created with Sketch. Add NSR (ASX) to my watchlist
(20min delay)
Last
$2.48
Change
0.000(0.00%)
Mkt cap ! $3.467B
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 8631 $2.57
 

Sellers (Offers)

Price($) Vol. No.
$2.38 1584 1
View Market Depth
Last trade - 09.38am 22/11/2024 (20 minute delay) ?
NSR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.