Morrissey Group Wealth Adviser Ben Morrissey speaks with Steve Gillard, CEO of GDI Property Group Ltd (GDI).
Commercial Property. The phrase has become an instant turn off to investors, but GDI is a textbook example of why you should treat each case on its merits rather than making broad assumptions about an entire sector.
COVID has further exacerbated the divergence in the Australian commercial property market creating a two-speed economy with the West Coast firing the East Coast lagging. Clever forward planning and extensive marketplace experience has GDI’s current property portfolio skewed strongly towards the western economic growth and primed to take advantage of subdued eastern prices when value appears; so why are they trading at a 17% discount to current NTA on a 7.4% yield?
Appealing to growth and income investors alike, tune in to learn more about this high yielding, undervalued property group.
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