TSX:BTB.DB.G - Post by User
Comment by
bcscon Feb 23, 2022 11:56am
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Post# 34454068
RE:Just wont recover
RE:Just wont recover A quick glance at their website suggests one possible reason. Of their 29 retail properties there is available space in 21, and of their 42 office properties there is available space in 29. I'll leave it to you to do the work to figure out the occupancy rates. (or wait for the financials)
Also the distribution was cut at the start of the pandemic. A 40% increase is required to bring it back to that level. I don't see it getting back to 3.5 cents anytime soon.