TSX:AX.PR.E - Post by User
Post by
alderon Feb 22, 2009 6:38pm
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Post# 15796616
REIT Status after 2010
REIT Status after 2010Hi all :
This certainly looks like an excellent buy at these levels. My only concern is if it will qualify as a REIT after 2010.
From the company's Q3 report :
"As management is unable to conclude at the present time if the REIT meets the REIT Conditions, and therefore
cannot conclude that the New SIFT Rules do not apply to it "
It would certainly be very beneficial if it does qualify as a REIT ! but I guess we will just have to wait and see.
Cheers
Alder