Q3 Results
Disappointing set of results. Particularly noteworthy to me were: -2M+ units bought back, already at 1M+ this quarter. -Decrease in book value per unit of 0.28$ (28.61$ Q3 vs. 28.89$ Q4). I would expect an increase when they divest at values 4% above IFRS and buy back 2M units. Could it be FX fluctuations? -FFO and realized gains of 0.34$, just a cent above the distribution. Any thoughts?