Emirates REIT NAV at USD1.53/share in February, implying a P/NAV ratio of 0.77x
Emirates REIT (EREIT) has announced that its Net Asset Valuation (NAV) as of the end of February 2016 has reached USD459.2 million (USD458.5 million in January). This is equivalent to USD1.5325/share, translating into a P/NAV ratio of 0.77x, on the latest closing price. (Company disclosure) Emirates REIT (DU): AED1.18 as of 22 March 2016, Rating: Neutral, FV: AED1.24 per share, MCap: USD354 million, REIT DU / REIT.DI
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