Seymour has said it himself that due to high development costs...

Seymour has said it himself that due to high development costs right now, he is looking to acquire existing commercial properties at under replacement value.

There is supposedly very little new property development going on in that space right now. This will be providing some level of support for values, and now the economic indicators are turning up (as well as many REITS recapitalising) you watch the mad scramble from big investors trying to secure quality properties, and relatively low prices.

Despite the rotten smell coming out of Trinity's boardroom, Seymour & Co are up to something....I am confident he will be reimbursed down the track for his capital losses.