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BRIGHTPATH EARLY LEARNING INC V.BPE

"BrightPath Early Learning Inc is engaged in the operation, acquisition and development of community based early learning and care centres across Canada."


TSXV:BPE - Post by User

Post by DanielDarden123on Jul 10, 2016 1:15pm
202 Views
Post# 25039243

Purpose-Built Real Estate

Purpose-Built Real EstateIs a different animal, particularly in a demand industry. Investors love stable leaseback arrangements so monetizing the Calgary assets should not be a problem unless you believe that the need for day cares is diminishing. These are all viable centres with decent cashflow and no covenant breaches. With no balance sheet stress, there is no hurry to monetize but that option is available. Cap rates are declining for this kind of real estate, even in Calgary.
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