A real Estate Company with some questionable accounting
Thank you for your analysis, I was looking at the Vonovia in the past couple of days and my main problem with it was as you said asset revaluation.
Not a REIT expert but I do know that your first argument perhaps has a impact at earnings per share which is not a valid metric for a REIT (AFFO is better to look at)
Thank you for your analysis, I was looking at the Vonovia in the past couple of days and my main problem with it was as you said asset revaluation.
Not a REIT expert but I do know that your first argument perhaps has a impact at earnings per share which is not a valid metric for a REIT (AFFO is better to look at)