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A-REIT Sector:  Weekending Friday 26 June 2015 

The Greeks are now going to have a referendum as to whether they tighten their belts or default on their Euro bailout repayments and leave the European Union. This uncertainty continues to play on Global Markets as investors swing between "will they" or Won't they". This combined with the fact that most of the A-REIT's traded X-Div on Friday saw a significant drop in share prices on Thursday and Friday. The A-REIT sector continues to slide sideways and downwards currently testing the bottom of the recent channel. 

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The A-REIT Table for closing prices for Weekending  26 June  2015  follows:

Code	Closing Price	Capital	Earnings $	ROE	Dist $	Yield %	P/E	NTA $	Premium to NTA
ABP	2.980	1,534,779,816	0.2424	8.13%	0.1700	5.70%	12.29	2.42	23.14%
BWP	3.130	2,010,661,303	0.3155	10.08%	0.1555	4.97%	9.92	2.18	43.58%
CHC	4.470	1,606,258,883	0.2762	6.18%	0.2340	5.23%	16.18	2.38	87.82%
CQR	4.210	1,581,083,915	0.4066	9.66%	0.2735	6.50%	10.35	3.52	19.60%
CMW	1.030	1,789,859,957	0.1052	10.21%	0.0775	7.52%	9.79	0.74	39.19%
DXS	7.340	6,646,603,390	0.4227	5.76%	0.3882	5.29%	17.36	6.47	13.45%
FDC	2.950	4,211,542,617	0.3063	10.38%	0.1660	5.63%	9.63	2.44	20.90%
GMG	6.360	11,149,308,464	0.5836	9.18%	0.2145	3.37%	10.90	3.15	101.90%
GPT	4.300	7,638,017,820	0.3827	8.90%	0.2120	4.93%	11.24	3.94	9.14%
IOF	3.870	2,376,363,662	0.3698	9.56%	0.1880	4.86%	10.47	3.42	13.16%
MGR	1.845	6,821,329,148	0.1305	7.07%	0.0910	4.93%	14.14	1.69	9.17%
SCP	2.130	1,386,288,310	0.2570	12.07%	0.1120	5.26%	8.29	1.73	23.12%
SCG	3.850	20,498,542,210	0.2150	5.58%	0.2150	5.58%	17.91	3.04	26.64%
SGP	4.180	9,871,980,663	0.2966	7.10%	0.2400	5.74%	14.09	3.53	18.41%
WFD	9.290	19,305,453,183	0.4380	4.71%	0.1585	1.71%	21.21	4.54	104.63%

The comparison table of this weeks closing prices versus last weeks closing prices follows:

Share	Code	Closing_Price	Closing_Price	Change$	Change%
		19-Jun-15	26-Jun-15
Abacus Property	ABP	3.040	2.980	-0.06	-1.97%
BWP Trust	BWP	3.190	3.130	-0.06	-1.88%
Charter Hall	CHC	4.560	4.470	-0.09	-1.97%
Charter Hall Retail	CQR	4.390	4.210	-0.18	-4.10%
Cromwell	CMW	1.050	1.030	-0.02	-1.90%
Dexus	DXS	7.530	7.340	-0.19	-2.52%
Federation Centres	FDC	2.950	2.950	0.00	0.00%
Goodman Group	GMG	6.510	6.360	-0.15	-2.30%
GPT Group	GPT	4.400	4.300	-0.10	-2.27%
Investa Office	IOF	3.900	3.870	-0.03	-0.77%
Mirvac Group	MGR	1.895	1.845	-0.05	-2.64%
SCA Property Group	SCP	2.150	2.130	-0.02	-0.93%
Scentre Group	SCG	3.890	3.850	-0.04	-1.03%
Stockland Property	SGP	4.280	4.180	-0.10	-2.34%
Westfield Corporation	WFD	9.100	9.290	0.19	2.09%

Comments:

 1. The shares listed in the tables above make up the XPJ A-REIT Property Sector.

2. The "Capital" figures in the above tables are "market capital" based on the "issued shares" as distinct from "free float capital". The "issued shares", updated as at 13 March 2015, can change from day to day due to active share buy-back programs and other factors. 

3. The "Earnings", "Distribution" and "NTA" figures have also been updated as at 13 March 2015. "NTA" figures are subject to change every time there is a property re-valuation and the table may be out by a few cents from time to time, which effects the "Premium to NTA"  also.

4. The table figures for SCG and WFD are based on the proposal issued 4 December 2013. The issued shares are correct but the Earnings and Distributions are based on the December proposal for 2014 forecast earnings. These figures will be adjusted as and when I have the chance to read the now released Scentre/Westfields 2014 figures.

5. The share codes listed in both Tables now hyper-link to the last page (mostly) of the corresponding ASF thread for that share.

6. Inclusion of any share details in the above tables is not an endorsement of that share as a viable investment or possible trade.

Disclaimer: These tables may contain errors and should not be relied upon for investment decisions.  As always, do your own research and good luck  .