TSX:DIR.UN - Post by User
Comment by
maypeterson Mar 21, 2020 1:02am
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Post# 30832817
RE:RE:RE:Dynamic Funds - real estate fund managers view
RE:RE:RE:Dynamic Funds - real estate fund managers viewThank you CanSiamCyp. Did not read your message before I posted essentially something similar. CanSiamCyp wrote: Hey Sarge! Not to be a pain in the a$$ but DIR.UN has much reduced debt/leverage now cuz they paid down their more expensive N. American debt (done) and plan to increase their European debt (at a much lower interest rate there if you can believe it!). This is part of their move into the European market - leverage high on the European assets at low interest rate and leverage low on the N. American assets at higher rates. That is the plan they set in motion. Who knows after this mess is over?!?