TSX:CRT.UN - Post by User
Post by
materialsgirlon Feb 09, 2021 11:28am
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Post# 32512990
Rent collections are 99%+
Rent collections are 99%+It will be forever thus. Can Tire accounts for 91.5% of rents.
There is no room for improvement there.
In the case of the Loblaws REIT (CHP.un) the prime tenant is only
about 65% of rents. Plus another 15% or so is Industrial
which should have 99% collection as well.
The 2 companies are much of a muchness.
Development on free excess land will be huge for each
of them over the next decade.
CHP.un has fallen back 15% versus only 9% for CRT.un
No matter how many metrics you apply the two are similar.
I am slightly leaning towards CHP.un
mat