TSX:MRT.DB.A - Post by User
Post by
slston Apr 23, 2021 5:31pm
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Post# 33059777
Mrt.un is a Deep Value REIT investment.
Mrt.un is a Deep Value REIT investment.It is clear they only reduced the distribution because most of the other REITS cut. It is possible, some lenders offerred better rates if they improved their liquidity. Also it puts them in a very stong position re-regotiating all the renewals this year.
At current prices i believe we are paying for Land in their portfolio and getting the buildings for free. Not counting the enhancement in Value from some of the Developement projects in the pipeline.
Results out soon and that will shed more light on the outlook.
Good Luck Longs.