Massive news comingEveryone knows it. Everyone.
Yet the share price doed not truly reflect what
might happen.
The big thing is that the Industrial segment will
be sold or spun out to be merged with another
such entity. SMU.un might buy us out.
Other than that it is anyone's guess what form we
will take. I hope that we keep the BOW rather than
sell it at a 9% or an 8% cap rate. At a 6.25% cap rate
I would give it two thumbs up to eliminate the drag factor.
It is about 13% of income which is very high for one property.
Still.
mat