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Small Cap Stocks Down Under 30 October 2020: APN Industria REIT, Euroz, Gage Roads Brewing
Small Cap Stocks Down Under Edition #6
APN Industria REIT: Never judge a WALE by its average
Today in Small Cap Stocks Down Under, Headquartered in Melbourne, APN Industria REIT specialises in office and industrial assets. Since the COVID-19 market crash during the second part of FY20, REITs have come heavily into investor focus as the industry began trading at significant discounts to Net Tangible Assets. However, APN has since recovered from the worst of its 2020 lows and while we believe it is well managed, its office portfolio’s WALE warrants a discount
Also in today’s edition, a look at wealth and funds manager Euroz (ASX: EZL) and craft brewer Gage Roads Brewing (ASX: GRB).
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Click here to read the previous edition of Small Cap Stocks Down Under published 22 October 2020