(06-05-2017, 04:24 PM)Behappyalways Wrote: Travelodge Docklands - 6.12% (based on FY2016 EBITDA)
http://infopub.sgx.com/FileOpen/AGM%2020...eID=450155
6.12% EBITDA??? Are they insane? Tax is 30% and the commercial interest rate is a min. of 3.4%+risk margin (http://www.commercial-loans.net.au). Wow! LEE SZE HAO if you are reading this, I've got prime NY real estate for sale!