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Sorry, it is the former. I should have used the comma.

Nah no way this would be a cash purchase.

Having it as part of a shopping centre asset is a bit different to a stand-alone purchase.

Pretty unique investment although I reckon that due to the type of security I think a yield of more than 7.5% is in order notwithstanding that WBC is the tenant. Specialised securities (which this is) sell for a much higher yield.