IOF
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0.00% $5.58 investa office fund

Slide 33: Incentives paid during the period (32.9) So $33m in...

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  1. hanabi
    426 Posts.
    lightbulb Created with Sketch. 43
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    20/02/18
    10:46
    Post #: 31181620
    Slide 33:

    Incentives paid during the period (32.9)

    So $33m in incentives paid for the half. That's worryingly high. And cap rate barely above 5%. No wonder the divi is so low.
    IOF Price at posting: $4.25 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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