Sal_Butera
Well-known member
$7M in todays environment, but if the cap does rise as being projected in 2024 that’s equivalency now jumps to $8M-$9M…He has not, which is why I wouldn't pay 8M for him. He's worth around 7M, otherwise you're overpaying.
It’s for that reason, if the HuGo are particular in acquiring PLD, it’s recommended they do it this summer - acquisition price point being acceptable of course