hello everybody,i read into concerns about centers owned by aez in euro countries.you have to remember that aez have purchased only premium complex sites,managed by apn,who are totally debt free,and own 45 million + shares in aez,and as such,will not alloy any site to falter.then you have orbis,who is a fair sized player,who only buy stocks that will fully mature within 5 years of purchase,and own 97 + million shares.the euro countries are like australia,people still love to spend,and shopping centres are where they will do it ,besides most of the centres are 87 to 95 % full,and that is in the worst economic crisis ever.recovery will be slow,but profitable for those who can wait.
AEZ Price at posting:
5.7¢ Sentiment: ST Buy Disclosure: Held
