AEZ 0.00% 0.1¢ apn european retail property group

Just between you and me and the gatepost, the EC Commission are...

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    Just between you and me and the gatepost, the EC Commission are conducting a review of valuation methodology for real estate as we speak. It has to do with a longer term view, not how much is it worth in a market in which there is buyer panic. Replacement cost, earning ability, vacancy rates, location, etc. They may adopt some sort of a tiered approach. It has to do with stabilising the system. Picked this up in the Financial Times a little while back. If this results in some uplift in AEZ valuations -ie taking the longer term perspective- then it likely will result in a rise the val of estimated properties that have gone over the loan to value limits.
    This would be a relief to AEZ, the banks and not least us as shareholders. This could be very important for AEZ. The fact that the review is happening is a real plus.
    Any diminution in the fear factor will be very good for the SP. Keep your eyes open, search the news over there. Have seen nothing in the local press about it. It will impact AEZ more than any on the ASX. Opportunity knocks.
 
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