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Pure Industrial Real Estate Trust T.AAR.UN

Real Estate REIT - Industrial
"Pure Industrial Real Estate Trust is a real estate investment trust.. The Company acquires, owns and operates a diversified portfolio of income producing industrial properties in areas including British Columbia, Alberta, Ontario, USA and Other."


TSX:AAR.UN - Post by User

Pure Industrial Real Estate Trust > Another new issue....this time at $6.40
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Comment by felix10on Jul 25, 2017 8:59pm
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Post# 26509012

RE:RE:RE:RE:Another new issue....this time at $6.40

RE:RE:RE:RE:Another new issue....this time at $6.40When they did the share issue in March, the price dropped from around $6.20 to about $6 which was the new issue price. But it recovered and went even higher just a few weeks later. Hopefully, we'll see a similar pattern this time. I can't see the price staying down for long considering the current yield and that as you mentioned, the new deal is immediately accretive. However, they are raising quite a bit more money this time, so that might keep the price down longer. We'll see. I still think this a very good longterm hold.
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