Post by
undervalue on Jan 29, 2024 4:55pm
Leons and land.
Logical move by Leons today with the development of 40 acres of surplus Toronto lands.
In a BNN interview, the CEO said they continue to look for growth.
And, the Leons reit will not happen until rates are lower.
I continue to think GBT will catch a positive trend when rates decline.
There are tremedous cash and investments. Real estate from 30 years ago on the books.
Redevelopment options, and hopefully a merger with Leons when the reit is sorted out.