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Bridgemarq Real Estate Services Inc T.BRE

Alternate Symbol(s):  BREUF

Bridgemarq Real Estate Services Inc. is a Canada-based real estate services company. The Company is a provider of services to residential real estate brokers and a network of approximately 21,000 REALTORS. The Company’s segment includes brokerage operations and Franchise Operations. The brokerage operations operate full service real estate brokerage locations in British Columbia, Ontario and Quebec. The Brokerage Operations provide services to real estate sales representatives. The franchise services operations provide services to real estate brokerages across Canada. The Company operates under the Royal LePage brand name across Canada, under the Via Capitale Real Estate Network brand in Quebec and under the Johnston & Daniel banner in upscale neighborhoods in Ontario.


TSX:BRE - Post by User

Comment by Tony101on Jan 17, 2019 9:37pm
105 Views
Post# 29249232

RE:Crash

RE:Crash
There are a few pieces here and there about market sentiment and the company.
  • Slow down and price correction in Canadian real estate market (especially in GTA and GVA)
  • Preferred shares buybacks
  • Interst rate
  • Equities and indexes gain
Given that the company's revenue is driven by subscription and sales, slower housing market could affect revenue stream. Preferred shares buybacks might reduce cashflow and lower monthly distribution. Rising interest rate increases gov't bonds' attractiveness (and safer). Broad market gains dampen attractiveness of BRE since it's mainly dividend distribution.
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