Aedifica very rough notes

For the Benjamin Graham value I used 1x book value instead of 1,5 x book value as is normal for other types of companies. 

Dividend EUR 4,20 / 72 = 5,8%

Merger with Cofinimmo 

EPS EUR 6,- and Book EUR 79 

Conclusion August 2024  Seems cheap at EUR 62 compared to the Book Value of EUR 78 and Earnings Yield of 8% 

Conclusion May 2026 Still not expensive at EUR 71,25