TSX:IIP.UN - Post by User
Post by
Takafujion Mar 10, 2021 6:16pm
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Post# 32765986
business model
business modelJust bought some shares the other day. Wondering for people that have been following this company for a while, is their model to buy, notice of renovation, kick out tenants, renovate, and sign new contracts with increased rent? Or is their model to do renovation keeping existing tenants then upping rent?
Also wondering how the rent freezes will affect their Ontario and BC acquisitions last year in the short term.
Other than that, it seems like a rock solid company balance sheet is impeccable, strong FFO, steady high FFO/unit growth, a real gem. Price/FFO is a bit high but yeah, I think it reflect the quality of this company.