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Pure Multi-Family REIT LP PMULF

"Pure Multi-Family REIT LP is a Canada-based real estate investment trust. It invests in multi-family real estate properties focused on luxury resort-style apartment communities in the United States, which offers investors exclusive exposure to U.S. multi-family real estate assets. Its portfolios are in Dallas, Texas, Arizona, Houston, Georgia, San Antonio, Phoenix, and Nevada. Its portfolio includes Pure Fillmore Appartments, Pure Farmers Market Apartments, Lansbrook At Twin Creeks, The Avenue


OTCQX:PMULF - Post by User

Post by netgenxon Apr 07, 2019 1:48pm
137 Views
Post# 29593774

TSX listing

TSX listingnow that RUF.UN has its TSX listing I expect the yield to come down to the 5% rate of other residential REITs such as Artis (AX.UN).  This implies a re-rating in share price of about 10% which would put us right around $10/sh.
I trust this will calm the nerves of those setting their hair on fire last August when management rejected the T/O bid.
stay long -
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