Quote Originally Posted by peat View Post
at least its secured and payments are quarterly ....
but the LVR can go to 65% !! I personally think that's high but it is a property company.
I think that's extremely high for a commercial property company and marks this issue out as quite risky. Risk and reward. A major outbreak of Covid could see many commercial property tenants unable to operate and pay their rent. 2.4% might look sort of okay now but what if inflation takes off at some stage in the next 7 years ?