MOF 1.75% 28.0¢ macquarie office trust

anyone still holding?, page-12

  1. 2,071 Posts.
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    gearing is 40%

    Good buy in my opnion because:

    1. occupancy rate high and revenue stream will be constant
    2. net asset well cover current SP
    3. Prime office real estate might go down in valuation say by 50% but it will not effect revenue stram greatly . Say if company lay off 10% of work force , another 90% still have to work somewhere
 
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Currently unlisted public company.

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