- Current Yield = 8.64%
- Price-to-book Ratio = 0.833
- Assets per unit = $1.242
- Debt per unit = $0.185 (Interest Rate at 6%)
- Gearing = 14.9%
I am attracted by the high yield, low debt level, and the fact that it is trading below NAV. I am looking at a good entry level to increase my holdings in First REIT.