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Inovalis Real Estate Investment Trust T.INO.UN

Alternate Symbol(s):  IVREF

Inovalis Real Estate Investment Trust is a Canada-based real estate investment trust. The Company is formed for the purpose of acquiring and owning office properties primarily located in France, Germany and Spain. It holds approximately 13 assets. Its France properties include Sabliere, Baldi, Delizy, Gaia, Metropolitain and Arcueil. Its Germany properties include Trio, Kosching, Neu Isenburg, Stuttgart, Bad Homburg and Duisburg. Its Spain property is Delgado. It acquires (indirectly) real estate properties via CanCorPEurope, authorized Alternative Investment Fund (AIF) and managed by INOVALIS S.A.


TSX:INO.UN - Post by User

Comment by lebouclieron Nov 02, 2023 12:02pm
97 Views
Post# 35713762

RE:RE:RE:RE:Distributions are safe for the foreseeable future.

RE:RE:RE:RE:Distributions are safe for the foreseeable future.There`s still 6 months left for them to find a buyer and sell it to be on schedule for Q2 2024. That`s plenty of time in the real estate world - even if the actual sale is delayed by a couple months. According to Q2, the property is worth 92M on the books and has 50M in debt associated with it. Even if sold for 50 M, there`s no way the rest of the REIT is worth what it is. I don`t believe the market is acting rational here at all, which is good for investors. 
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