Post by
garyreins on Feb 29, 2024 6:01pm
Key blurb about selling industrial
" The REIT is continuing to evaluate opportunities relating to the sale of additional retail, office, and industrial assets, with a focus on the industrial portfolio, in its efforts to further deleverage and strengthen the balance sheet, grow NAV per unit, and enhance liquidity"
Great so we may be left with an office reit lol!!!!
Comment by
jmkOttawa on Feb 29, 2024 6:06pm
Not a laughing matter Gary. Industrial can be sold for top dollar to reduce debt. Office will recover and the time to sell it is not when it has to be given away. You are a smart guy- you know that.