Commonwealth Property Office Fund Share Price

“Commonwealth Property Office Fund is a Real Estate Investment Trust which invests in A and B grade office buildings in Australia. The company largely leases to investment grade tenants and they often operate with 99% occupancy.

Commonwealth presently trades for $0.955 per share, and has a market capitalization of $1.877 billion. There are presently 1.97 billion shares outstanding, of which 824million are closely held. Most analysts recommend selling the company stock. In 2009, the company reported sales of $302 million.”