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Sir Royalty Income Fund T.SRV.UN

Alternate Symbol(s):  SIRZF

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.


TSX:SRV.UN - Post by User

Post by Robsopinionon Sep 08, 2021 11:09am
138 Views
Post# 33824712

Stabilized SP

Stabilized SPI really feel that we have hit a nice plateau now. People who wanted in, are in. People who wanted out, are out. We have transitioned back to this being a buy and hold, income investment, which is where it has always been traditionally. With the last crazy 18 months behind us we can go back to focusing in on our other investments and just collect that nice, juicy, monthly distribution. 
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