TSX:REI.UN - Post by User
Comment by
CANCDNon Dec 23, 2020 2:43pm
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Post# 32171019
RE:RE:RE:RE:BTB.UN
RE:RE:RE:RE:BTB.UNTNT looks like the own lots of B class office properties, seems secure, but gorwth prospects are essentially zero.
TNTs idea of development is demolishing a food court in Halifax to make more parking...
Looks like a good company, but it doesnt interest me in the least.
gashole wrote: LOL !! I bought some TNT recently because I think its dynamite !! Seriously though, looks pretty solid and has 9.5% yield..
Any comments on it? I see there are lots of govt properties, and I took a 5k share position, nothing too substantial.. I want to know more before I go in deeper.
hroark7 wrote: CANCDN wrote: thenewsnake wrote: 100% of rent collections May-Nov. 8.70% yield. AFFO payout: 76%, already cut. Debt is a bit high,but what's there not to like with RIO and HR yileding 6%
Hard pass on any quebec based and managed REIT.
'BTB.UN is a giant turd!'
Would be great if snake sells his RioCan and buys BTB.