GREY:SIHPF - Post by User
Post by
DanielDarden123on Mar 01, 2019 3:49pm
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Post# 29430749
CIBC
CIBC While there appear to be several moving parts, we believe the REIT’s strategic plan is on the right track, and is anchored by continued expectations of growth in the underlying portfolio. A reduction in leverage, and the payout ratio, could also improve the NAV discount from current high levels, however interim dilution
from selling ~14% of the portfolio (by fair value) is likely.