GREY:SIHPF - Post by User
Comment by
maypeterson Aug 02, 2017 8:59am
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Post# 26537246
RE:Disastrous earnings
RE:Disastrous earningsi hope it crashes if more people read the Q report like you did.
I don't think it was bad.
The drop in occupancy compared to a year ago was because of the portolio they bought in Q1 which has 78% occupancy - assumption is they will be able to lease out the empty space at good rates.
Renewal numbers and new leases were signed at good price per sq foot - only the renewals above 10K sq feet were signed at a 4.2% discount to existing rent.
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