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Posted by
Two Blokes Jul 30 -
Filed in
Stock
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3 views
With one of the lowest P/FFO multiples in the sector, this REIT trades as if it's in terminal decline — but the numbers tell a different story. Leasing momentum is setting the stage for cash flow growth from both ends: cash outflows are declining as CapEx normalizes, while rent collections are poised to accelerate. The dividend is gone for now, but with capital being deployed strategically and AFFO set to rebound, my price target is $14.50.
