H1 results



They read well, and BLND seems to have the right strategy for these conditions. Share price up 15p today to 609p but is still at a third discount to net worth.

This well managed, soundly financed, high quality property share yielding near 5% continues to look excellent value to me and is my largest holding. No doubt some must disagree or are holding off on Brexit fears, the latter more than adequately discounted IMO but WDIK.


I make it around 50% discount to net asset value