Inovalis Real Estate Investment Trust T.INO.UN

RE:Digging into this reit

[colucci]

"The FFO payout ratio was 75.8%, in line with our internal forecast but increased by finance income from Courbevoie and Metropolitain swap contracts termination." signifies that they were 1) expecting a 70-80% AFFO rate after the dividend cut and 2) the rate is going to be relatively stable and in actually decrease over time (speculation) since their revenues were decreased this quarter due to the swap contracts termination which they probably held at a loss.