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Bullboard - Stock Discussion Forum Diversified Royalty Corp T.DIV

Alternate Symbol(s):  BEVFF | T.DIV.DB.A

Diversified Royalty Corp. is a multi-royalty company. The Company is engaged in the business of acquiring royalties from multi-location businesses and franchisors in North America. The Company owns Mr. Lube, Sutton, Mr. Mikes, Nurse Next Door, Oxford Learning Centres, Stratus Building Solutions and BarBurrito trademark. Mr. Lube is the quick lube service business in Canada, with locations... see more

TSX:DIV - Post Discussion

Diversified Royalty Corp > Tapping into the real estate behemoth
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Post by flamingogold on May 02, 2023 10:12am

Tapping into the real estate behemoth

With challenges lurking ahead for Air Miles, Mr. Lube and now Oxford, I still stand by a position I postured awhile back where DIV and the building trades could mutually benefit from. Canadians love real estate, now the biggest contributor to Canada's GDP. It's a behemoth.

Many homeowners biggest challenge these days is finding a reliable plumber, electrician, carpenter, etc. And the labour shortage is making matters worse with longer wait times and higher repair costs. How great would it be for DIV to help grow a reputable database of trades? Governments would benefit too as the underground economy would be siphoned off into legal taxable transactions.
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