KLPEF - Enough Is Enough: I Am Buying Eurocommercial's 9% Yield
Introduction
The commercial REITs in Europe have been hit hard lately as even the ones focusing on high-quality malls and tenants like Klépierre (OTCPK:KLPEF) and Eurocommercial Properties (OTC:EUCMF) have seen their share prices come under pressure. In these two cases, I feel this is unwarranted and I will explain why I think Eurocommercial Properties has just gotten ‘too cheap to ignore’.
Source: Yahoo Finance
Eurocommercial is a Dutch REIT and its listing in Amsterdam most definitely is the best option to trade in the company’s securities. The ticker symbol on Euronext