Lendlease REIT released its FY2024 results, and the numbers were not good at all. In this video, I shared why I feel things could go worse for the REIT in the near term.
Timestamps:
00:00 - Intro
01:03 - Negatives of high interest rate and being a small REIT
03:43 - Self-inflicted enlarged unit base
05:01 - Potential higher rate for perpetual securities
06:15 - The positives
07:28 - Future growth drivers
09:15 - Conclusion
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