MOF 1.75% 28.0¢ macquarie office trust

I would suggest that a proper reval of properties in the...

  1. 1,388 Posts.
    I would suggest that a proper reval of properties in the portfolio will see them shed $500m off value?
    I am guessing their LTV will be circa 55% (does any one know what their covenants are?)

    It has also been suggested that they are planning on raising capital to sure up the balance sheet.

    ICR of 2.4 though is quite healthy. I cant see banks being to worried?
 
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Currently unlisted public company.

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