Yeah True Wilson and IPOD.All REIT's got hammered. The REIT...

Yeah True Wilson and IPOD.

All REIT's got hammered. The REIT sector along with financials have been the worst hit around the world.....its been all doom and gloom.

I dont back CNP's chances of a recovery as believe the banking syndicate has effectively orchestrated a BNB style of situation "Sorryu...shareholders and noteholders....you get nothing...we'll now sell down the company to recover what we can".

Thats the market.

Will Stocklands and Westfield go broke? I dont think so.

Will IIF? I also dont think so.

Which other REIT is close to paying off debt?

IIF is the only REIT I see seriously selling down assets in order to become a "zero debt" company.

Value share price wise can only be realised by the company addressing problems and acting accordingly.

Yesterday....out of $300 million in debt....$79 million was paid off...quite a chunk.

12 more sales in Canada and 5 in Australia about to be pushed through.....I dont think we'll be staying around the 20 cents shareprice for much longer imo.

Good luck to all who have researched and taken a position. Not all problems have been addressed but enough have for me to believe IIF is soon to be 60 cents in the short term.