TSX:WRK.DB.K - Post by User
Comment by
canadafanon Mar 23, 2010 1:10pm
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Post# 16914200
RE: RE: huge upgrade
RE: RE: huge upgradere Financial guys not real estate guys:
Those who understand reits know that they are financial investments.
They make $$$ on the spread between borrowing costs and rents.
Very little of the $$$ is from buying and selling properties.
It is the "financail packages" which make things work
RioCan made billions on that simple formula.
WRK , has been a long time coming. Once through the $15 wall it has felt for the past month & Monday's results should bring some more analysts on-side