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Whiterock Real Estate Investment Trust T.WRK.DB.K



TSX:WRK.DB.K - Post by User

Comment by Jimpossibleon Nov 29, 2006 12:59pm
219 Views
Post# 11771810

RE: Doing some DD on this one

RE: Doing some DD on this oneHi, Susan, From listening to the webcast (available at their website): It sounds like they will soon achieve the critical mass necessary for a FFO payout ratio of 100 or less. If I'm not mistaken they almost have enough acquisitions in the "pipeline" for this.....The management team seems to have very good connections in the industry and are therefore able to find accretive deals. IMO this is a Quality story (one example: 655 Bay St. Toronto). I've accumulated a large (for me) position and will hold probably hold for a long time.
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