ENXTBR:VGPReal Estate
VGP (ENXTBR:VGP) Stock Trades At A Discount As Leverage Lingers
VGP stock came into this earnings print treading water, roughly flat over the past week and month, and trading on a P/E around 10.7x that many investors already viewed as cautious for a logistics landlord with growth ambitions. The headline today is not a flashy profit spike. It is the grind of recurring rental power, with proportional net rental and renewable income at €128.2m and an almost full portfolio at 98% occupancy, set against a balance sheet that still carries meaningful...