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Bullboard - Stock Discussion Forum SmartCentres Real Estate Investment Trust T.SRU.UN

Alternate Symbol(s):  CWYUF

SmartCentres Real Estate Investment Trust (the Trust) is a Canada-based fully integrated real estate investment trust. The Trust develops, leases, constructs, owns and manages shopping centers, office buildings, high-rise and low-rise condominiums and rental residences, seniors’ housing, townhome units, self-storage rental facilities, and industrial facilities in Canada. It is focused on... see more

TSX:SRU.UN - Post Discussion

SmartCentres Real Estate Investment Trust > Andrew Moffs - BNN - HOLD
View:
Post by Possibleidiot01 on Nov 30, 2023 3:25pm

Andrew Moffs - BNN - HOLD

HOLD

Great job getting into other asset types by going vertically on what they already own. Operating income dictated mainly by WMT, which gives a very defensive profile, so he doesn't really worry. Flipside is very little growth. Tight cashflow coverage. Believes distribution of 8% is safe, even though payout ratio spiked above 100% temporarily. Better earnings growth elsewhere.

investment companies / funds
$22.800
Unknown if he owns


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