RMR Asia Pacific Real Estate Fund (RAP)
close end mgmt comp
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This trades at a 25% discount to the NAV. The divident appears unreliable so I wouldn't buy this in real life.
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it looks like it will rise
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I eared this morning in radio a comment from mortgage company they are incredible busy with new buyers taking advantage of first time buyer 8K federal credit. So I am thinking this will be a winner and I am speculate a price of $35.00 in five months.
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I feel it's time for those living on the other side of the pond to buy up some real estate deals.
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Closed end fund focusing on Asian real estate (Japan, Australia, HK) Willl benefit from more money flow toward growing Asian REIT industry.
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scary,short-term Asian business building etc. equity that has already gained this investor about 15% in 6 weeks.

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