TSX:MRT.DB.A - Post by User
Comment by
Mrguillaumeon May 06, 2022 2:14pm
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Post# 34662927
RE:RE:Shorts Continue to Close
RE:RE:Shorts Continue to CloseI hope not! I want to see this through to full valuation. There are some wonderful properties in this portfolio. For example, the class A buildings at 9ave SW leased to Obsidian which is 7.8% (SF) of the entire portfolio. When this renews in 2025, FFO per share will jump approx. $0.15 annually. MRT has the lowest FFO/sh price in the REIT universe. Even the “problem” shopping centre St. Laurent comprises an entire city block in Ottawa. This won’t be a problem for long.