TSX:NRR.UN - Post by User
Post by
JosephM1on Sep 27, 2023 1:10pm
89 Views
Post# 35657304
Sell down on 2 to 8 k shares a day!
Sell down on 2 to 8 k shares a day!
Reit is down to 42% of NAV valuation! Hmmm, no buyers, falls on 3 to 6k a day trading. Nice opportunity to big up a dollar for 42 Cents.
This is not a office reit!
In Q1 and Q2 2023, year-over-year NOI growth was 9.2% and 7.1%, respectively
• In connection with the recapitalization event that closed in Aug. 2023, the sponsors and institutional investors took back $452MM of REIT units at a value approximately equal to the REIT’s NAV.
NAV being 25 post consolidation.