Hi Tim. The APN AREIT Fund has a management cost of 0.85% p.a. Regards Pete
Hi Peter. The 5 and 20 year periods are to April 2019. The labels detailing each sector have not come through - the first two bars (5&20 years) are for retail, the next two office and the last two industrial. Regards Pete
Offer was 4% above NTA and 11% above last closing. Stock had been trading 10-15% disc to NTA over prior 3 months. However APN feels there is further value + future growth investors should reasonably be rewarded for. Not sure what Directors strategy is except to say transaction has other considerations not addressed in this article.