1. I come from an professional industrial property background and am certain of the way the market values property. It's nothing like residential.
Basically,
VALUE = NET RENT / YIELD
Net Rent = Gross Rent - Outgoings
Yield is the rate of return the market expects (also known as a Capitalisation Rate)
Of course, I'm over simplifing for the purposes of this post.
2. The reserve bank cut has not been passed onto the market in full but they may get some benefit. I don't think it will effect the value of IFF much though.
IIF Price at posting:
9.9¢ Sentiment: LT Buy Disclosure: Held
