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Inovalis Real Estate Investment Trust IVREF


Primary Symbol: T.INO.UN

Inovalis Real Estate Investment Trust is a Canada-based open-ended real estate investment trust (REIT). The Company is formed for the purpose of acquiring and owning office properties primarily situated in France, Germany, and Spain. The REIT properties are strategically situated in urban areas, generally in close proximity to public transportation. Its France properties include Gaia, Arcueil, Delizy, Metropolitan, Sabliere, and Baldi. Its Germany properties include Trio, Kosching, Neu Isenburg, Stuttgart, Bad Homburg, and Duisburg. Its Spain property is Delgado. The INOVALIS S.A. acts as the manager of the REIT.


TSX:INO.UN - Post by User

Comment by lebouclieron Nov 02, 2023 12:02pm
129 Views
Post# 35713762

RE:RE:RE:RE:Distributions are safe for the foreseeable future.

RE:RE:RE:RE:Distributions are safe for the foreseeable future.There`s still 6 months left for them to find a buyer and sell it to be on schedule for Q2 2024. That`s plenty of time in the real estate world - even if the actual sale is delayed by a couple months. According to Q2, the property is worth 92M on the books and has 50M in debt associated with it. Even if sold for 50 M, there`s no way the rest of the REIT is worth what it is. I don`t believe the market is acting rational here at all, which is good for investors. 
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