TSX:INO.UN - Post by User
Post by
RaptureSoonon Nov 14, 2023 1:36pm
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Post# 35734862
Dividend Cut
Dividend CutChief Executive Officer Stephane Amine commented "The office real estate sector around the world is experiencing challenging financial, economic and social change. Our seasoned management team has weathered similar real estate cycles in the past. Following management’s recommendation and advice from external advisors, the Board of Trustees decided that after payment of the November distribution, it will suspend the REIT’s distributions until further notice to provide the REIT with greater financial strength and flexibility to continue advancing short and long term objectives."