Kaiser, I had a quick look at regency. The Americans are not nearly as shy of REITS as the we are!
Market cap $2.5b, net assets $1.8b, PE 17, and they dont appear to have an imminent debt refi problem.
http://finance.google.com/finance?q=NYSE:REG
You know - When you compare it to MCW with:
Market cap $0.26b, net assets $3.1b, PE 2.5, it just makes one ashamed!
What a bunch if kittens the investors in Australia are.
Kaiser, I had a quick look at regency. The Americans are not...
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