TSX:SRU.UN - Post by User
Post by
logicandinertiaon Nov 11, 2020 5:27pm
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Post# 31881757
Results look fine
Results look fine Much of the release speaks to mixed development progress and the accretion seen from condo closings in q3. Including this and after the $9.7mm credit loss provision, 77 percent payout ratio and yoy increase of 14 percent in FFO. Rent collection increased each month sequentially and before CECRA was 90 percent in September and 96 percent after CECRA .
good operators and seemingly managing thru this pandemic as best as can be expected. As a patient long, nothing I've seen in the release is alarming. Call tomorrow.