TSX:MRG.DB.B - Post by User
Comment by
nini2022on Apr 26, 2022 6:13pm
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Post# 34633930
RE:almost 247 million in fair value gain
RE:almost 247 million in fair value gainVery good results. I'm not sure what its going to take to raise the distribution at this point. Sahi just doesn't seem to care much about his public unit holders unfortunately....at least not in the short term. Kind of odd considering REITs benefit from a high unit prive vs. NAV if they want to grow. MRG is worth $30+ in the private market. The properties they sold in GA/LA post-Q1 were sold at above IFRS reported valued at 12/31 as were the FL refinanced properties. NAV is well over $30 now.