Caught this ann't,... 6.5% initial yield on completion,... good, but completed in 2 years away,... things may chg in-between ?? Other notable positives :-
1) 100% pre-committed to Wesfarmers Limited owned Target Australia on an initial 10- year lease, with fixed annual rental increases.
2) asset is purpose built for a high-quality tenant on a long-term lease with attractive fixed rental increases.
I'm good,.....
CMA Price at posting:
$2.48 Sentiment: None Disclosure: Held