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Service Properties Trust T.SVC


Primary Symbol: SVC

Real Estate REIT - Diversified
Service Properties Trust is a real estate investment trust. The Company operates through two segments: hotel investments and net lease investments. It owns a portfolio of hotels and net lease service and necessity-based retail properties. The Company owns over 221 hotels with approximately 37,000 rooms or suites located in over 36 states, in the District of Columbia, Ontario, Canada and San Juan, Puerto Rico. It owns approximately 752 service-oriented retail properties with over 13.3 million square feet located in approximately 42 states. The Company’s net lease portfolio is occupied by over 175 tenants, which is operating approximately 137 brands in over 21 industries. The Company's net lease portfolio is leased to tenants that include travel centers, quick service and casual dining restaurants, movie theaters, health and fitness centers, grocery stores, automotive parts and services and other businesses in service-oriented and necessity-based industries.


NDAQ:SVC - Post by User

Service Properties Trust > Procera sale(???)
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Comment by Phatfiendon Jan 24, 2015 12:17am
874 Views
Post# 23358530

RE:RE:RE:RE:RE:RE:RE:Procera sale(???)

RE:RE:RE:RE:RE:RE:RE:Procera sale(???)"Maybe there won't even be a buyer, thinking Procera's long term prospects look poor." Exactly. 

I can see Sandvine maybe being interested in parts of Procera's toolbox, but by and large I think they believe they have the better products. I expect if anyone bites it might be a bigger networking equipment company that is looking to catch up in the space. I don't think SVC wants to go out and buy a bad business when they can just let it fail and take share.
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