Post by
SIGG1 on Mar 20, 2024 10:08am
Occupancy rate
dropped from 93% to 89%? Yikes... Not sure if we will see any dividends anytime soon.
Comment by
luscar99 on Mar 20, 2024 10:48am
Yes, the low occupancy rate in Alberta is worrisome. However Alberta happens to be the strongest provincial economy. I hope they will quickly find a replacement for the tenant who did not renew.
Comment by
EstevanOutsider on Mar 20, 2024 3:41pm
the only challenge in calgary will be the traditional buildings in downtown. the industrial park vacancy in the north end should rent easy as it's mixed-use industrial. imho. but overalll the calgary buildings downtown are not material to tnt here..
Comment by
lancebryant on Mar 21, 2024 6:14pm
It shouldn't have been shocking to anybody. It was addressed and let known on the last earnings report (on the property details for this calgary property) that the tenant was moving on (General dynamics). It is indeed a good property that will likely rent and they have chosen at this time to attempt to rent it.