Bob Jones buys principally office buildings ... he hasn't done too bad for himself over the years. Buy and hold and never develop are his motto. If AMP Office hadn't tried to be so smart with 21 Queen Street there is no way there shareprice would be 71c and the rights issue would probably have been half the size. Who in there right mind would go into a $100m development without a single square metre leased before going ahead. Just plain dumb , and they are paying the price now.
I hold APT ... just recently bought 10,000 pre-rights at 81c ... used to have 130,000 but sold when they announced 21 Queen Street purchase at $1.38 ... fortunately for me their poor judgement has saved me around $70k.
I like Goodman as my no.1 pick ... chance they may become self-managed if their parent in Australia needs to sell some assets quick fire at some point in the near future. Good portfolio , 10c divi ... even if they cut it 20% the yield will still be almost 10%.