TSX:PMZ.UN - Post by User
Comment by
Mephistopheles3on Nov 22, 2023 8:47am
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Post# 35748023
RE:Acquisitions
RE:AcquisitionsAlex did a good interview with BNN where he went through the rationale:
https://www.bnnbloomberg.ca/video/the-current-environment-is-challenging-for-most-reits-but-we-re-thriving-primaris-reit-ceo~2811679 It's probably pretty neutreal at this point with some potential in growth in the future. PMZ can't just sit around not trying to grow, they do need some FFO growth and they can get that by buying underperforming properties and using their management skills to improve profitability.