But optimising value? At $450m, the estimated price tag is little more than Phibro's average annual net profit in recent years.

但4亿5千万也算增加价值么?这个数仅仅比这几年菲布罗年平均净利润高一点。

youdao

However, the fund charges an annual management fee o.5% of Net Share Value payable monthly in order to provide the sophisticated security and wallet management that one would expect with such large amounts at stake.

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Such gains have boosted the net asset value of the REIT's shares at an average annual clip of 24% since 2003, Green Street estimates.

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So, on the definitions used in this country, net debt now peaks at 79.9% of GDP (the annual value of what the UK produces) in 2015-16, before falling very slightly to 79.2%.

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