Forsyth Barr noted four Arena villages had remedial work outstanding with historical water tightness issues. So a cost estimation of about $55m had already been accounted for in the CBRE valuation.
UBS believes Arvida's underlying EBITDA should double in the next four years due to it developing about 300 new units annually and solid resale gains.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Bookmarks