TSX:REI.UN - Post by User
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CANCDNon Dec 07, 2020 7:40pm
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Post# 32054958
RE:RE:RE:RE:RE:LOOKY LOOKY
RE:RE:RE:RE:RE:LOOKY LOOKY Ed let it slip that the payout will be 60% starting Jan. As such, he knows what q4 results are, and they are similar to q3. This isn't the US where people just don't pay rent like 30% of BPY retail tenants, in Canada, you pay or your bankrupt. One or the other.
thenewsnake wrote: FFO and rent collections arre obviously going to be poor for Q4 and Q1. Toronto in lockdown, and no clarity on when things will reopen....so they had to do this. Government isn't exactly providing timelines or transparency