Post by
pennydredful on Jan 09, 2024 2:26pm
Potentially SOT REIT
could be attractive to a successful REIT that has large unrealized gains in that the losses that SOT has realized and/or is about to realize could be used to offset the gains of the successful REIT. In this case SOT would need to be merged in to the successful REIT. This might just apply to the Canadian assets so after the merger a new REIT would be spun out holding only the Irish and/or the US assets.
Comment by
pennydredful on Jan 10, 2024 3:14pm
such as Morguard re their hotel sales. Likely SLAM would have to put unit holders interests first so chances of that are slim to none.
Comment by
pennydredful on Jan 16, 2024 1:31pm
GA owns about 12% of Morguard so possible connection for some tax deal . Both tend to do take UNDERS rather than take OVERS