Waypoint REIT: Solid Value on Offer as Interest Rates and Oil Prices Rattle Investors

Waypoint's security price has fallen about 8% in the past 12 months, like most REITs, as rising interest rates reduce the appeal of property. It trades at a 20% discount to net tangible asset backing of AUD 2.90 per security and offers a forward yield of 7.4%, based on guidance.