yield-was you friend the valuer talking about no1 martin...

yield-was you friend the valuer talking about no1 martin place
sydney,or industrial units like vpg have,if its industrial sector of commercial realty or retail sector of commercial realty i would probably tend to agree with the valuer,however well placed high rise real estate with high profile tenants in the business of administration,such as office towers built around primarily labour and material costs the land cost based on proximity to cbd then i could not agree with your valuer friend.

fact supported worldwide by property in this sector suggest there has been little impact on cbd high rise office based property.

with no apparent associated junk debt like so many reits,mof looks pretty good,and if it had no debt no doubt its p/e would be a reflection of that,so mof has enormous upside with some associated risk,its really a boring property trust which i have just increased my holding in,in fact i look forward ,funds permitting to buy more