A: Thanks for the question.

GDI Property Group is a minor property trust, not covered by the major firms. With material exposures to the Perth and Adelaide markets, not really high on my agenda to consider. I note that Ellerston Capital has just lodged a substantial shareholder notice on behalf of some third party accounts.

While the distribution yield for 360 Capital Industrial Fund (TIX) is attractive, it is not a stock on my radar as I don’t particularly like industrial property. The one major broker that covers this stock, Morgans, has an ‘add’ recommendation and a target price of $2.70.

Hope this helps.