TSX:AX.PR.E - Post by User
Comment by
Reece1986bon Sep 10, 2023 7:38pm
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Post# 35628598
RE:Frankie says
RE:Frankie says Selling everything which can possibly be sold at 5.xx% cap rates to pay down 7%+ debt would clearly be a low risk way to improve things.
SNAKEYBOY wrote: Implied cap rate for artis is 9%. They said they've been selling at 5.xx% cap rate. Looks like the odds favor manji delivering...some of those rowdy offices may not sell but they don't need to move office to be half successful.