TSXV:PAR.H - Post by User
Comment by
YieldChaseron Apr 25, 2014 5:23pm
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Post# 22492926
RE:YieldChaser, read below, there are no tertiary markets
RE:YieldChaser, read below, there are no tertiary markets
I too can read.
While some markets are indeed secondary, like Hamilton, many more are in locations where I need to map to find them, thus tertiary. What primary markets do they own assets in ? Toronto ? Calgary ? Montreal ? Edmonton ? Vancouver .. to name 5 primary markets in Canada. Yes, they do own a few properties in Edmonton and Montreal. Some larger REITs call this a secondary market, but let's be generous and call it primary.
I'd call Ottawa a secondary market, and a suburb of a suburb a tertiary markets.
Windsor, Thunderbay, ON ? Campbell River, Sooke or Courtenay, BC ? Quebec outside of Montreal: Those are all teriary markets, in fact most are !
Most marekst are actually tertiary if you look here: www.partnersreit.com/portfolio
I'd be happy if they showed a flat AFFO for the next 2 years per unit as then the stock would trade around $5 as I own quite a few .. many thousands (now underwater) units.