Listed Property Trusts

[777]

Tend to agree but drop in interest rates will help negate a reduction in rentals. Really all depends on how far this downturn goes as far as vacancies are concerned. PFI have maintained their dividend this time round so hopefully the others can also. The PIE effect on net returns cannot be sneezed at. I hold both KIP and APT. THe KIP since 1996.

[Billy Boy]

Interesting to note how The LPT's are bearing up under the lastest
revaluations.
Ing seam to be preforming (SP wise) best with a slight rise.
Gmt taking a bit of a hammering. Too much bear land I feel.
Apt getting smacked. Too much office space (Govt stuff)
Kip I dont know why
Kermadec dropping their divvy to 1.5c P/Unit, Debt getting up a bit
Nap well,,,,,,,,
Pfi Held up well for quite a bit but showing sign's of the wobbles.
Others thoughts ??
BB

[777]

I think there is a big enough buffer between the share price and the ever changing NTA in most of them. Most trade at a reasonable discount. Stand to be corrected here though.

[sharer]

Any news or recent advances in understanding Nat Prop Trust (NAP)?

Seems recent "review" by St Laurence related Managers resulted in literally "do nothing".
Recent weeks trading maybe slightly more often, but price slowly sagging even more.
Is somebody quietly filling a cupboard with cheap shares & preparing a corporate play?

[Billy Boy]

Any news or recent advances in understanding Nat Prop Trust (NAP)?

Is somebody quietly filling a cupboard with cheap shares & preparing a corporate play?

It could really happen that way, and was thinking like that myself.

Partaking of G&T's with some of the 'Great White Southern Farthers'
There's a lot of talk about the comming budget in May.
Some talk about "means testing" & the reintroduction of "land tax"( dont
forget land tax is still law, its just set at zero at the moment).
A capitial gains tax on property was a hot topic.
Other stuff off thread of course..........
Billy Smurf has gotta get money from somewhere.
Some of these could impact on the LPT's.
Land tax & a Cap Gain tax. I dont quite know about the effects of these.
F/Pud
Is land Tax likely to be covered in the OPEX's,
cheers BB

[fungus pudding]

It could really happen that way, and was thinking like that myself.

Partaking of G&T's with some of the 'Great White Southern Farthers'
There's a lot of talk about the comming budget in May.
Some talk about "means testing" & the reintroduction of "land tax"( dont
forget land tax is still law, its just set at zero at the moment).
A capitial gains tax on property was a hot topic.
Other stuff off thread of course..........
Billy Smurf has gotta get money from somewhere.
Some of these could impact on the LPT's.
Land tax & a Cap Gain tax. I dont quite know about the effects of these.
F/Pud
Is land Tax likely to be covered in the OPEX's,
cheers BB

If you mean is it tenant's responsibility ? Impossible to know without reading each individual lease. I don't think land tax or capital gains taxes are very likely. I do think the IRD might just become a little more vigilant in applyingg income tax to traders.

[Billy Boy]

Yep I hear you
In the present times they are... ??
Maybe we should ask the question(s).... "going forward", "Having regard too" "taking into account" " due too" etc etc.... "bearing in mind" of course. " without regard to the realitive possabilities" going forward.
................. fff****in hell
do they read this forum ???
Geezzz
BB

PS they dont reply !!!

[troyvdh]

...in my many years i have never seen a buy/ sell differential like PFI today....

hold PFI
ramping....yea ok

[macduffy]

...in my many years i have never seen a buy/ sell differential like PFI today....

hold PFI
ramping....yea ok

Relax, troyvdh.

PFI is just a small, thinly traded stock.
Not a lot of keen buyers for this type of industrial property stock in current circumstances.

[troyvdh]

...totally relaxed.......mmmmmmm...look at depth.......thanks anyway.......