Added to YB: 2025-07-22
Pitch date: 2025-07-19
TOT.AX [bullish]
360 Capital REIT
+1.75%
current return
Author Info
Company Info
360 Capital REIT invests across the entire real estate capital stack to take advantage of varying market conditions in order to maximize risk adjusted returns for unit holders.
Market Cap
AUD 86.6M
Pitch Price
AUD 0.40
Price Target
N/A
Dividend
7.50%
EV/EBITDA
N/A
P/E
-3.57
EV/Sales
10.13
Sector
Diversified REITs
Category
value
360 Capital REIT: Bombed Out
TOT.AX: Office REIT at 30% discount to NAV with high-quality assets (93% leased, 7yr WALE, 83% govt/public tenants). Trading at 14x PE, forward yield 13%+. Concerns: poor historical performance, subscale issues. Aligned management (45% owner) increasing stake. 3% fixed rent reviews, potential 10x earnings in 3yrs with 7.5% growing dividend.
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