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Bullboard - Stock Discussion Forum 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... see more

TSX:INO.UN - Post Discussion

Inovalis Real Estate Investment Trust > Admin cost doubled in last 3 years
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Post by Amameal on Aug 19, 2022 8:45pm

Admin cost doubled in last 3 years

Increasing Selling general and administrationg cost. Here are some data for last 8 year. Look at the trend, it is not looking good though.
Selling general and administration 11,599,000 7,056,000 6,123,000 5,057,000 5,204,000 5,152,000 4,266,000 3,555,000
SG&A Revenue Ratio 33.7% 19.7% 18.0% 15.1% 15.9% 16.6% 14.3% 15.2%
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