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Inovalis Real Estate Investment Trust T.INO.UN

Alternate Symbol(s):  IVREF

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 stockrook86on Nov 30, 2023 2:34pm
100 Views
Post# 35761747

RE:RE:As expected, nice jump

RE:RE:As expected, nice jumpI'm an inovalis fan, although I would like the price to remain a bit lower for another month or so hoping to accumulate with yearend bonuses. 

I am a little surprised at the big move today, to me while lower interest rates will help Inovalis - the big question mark is just what the heck is happening with the Paris rezoning process for Arcueil in others. That is a big question mark and will remain a cash drag until resolved. 

The insider buying has been nice to see, but it is also a little strange that by far the majority of the buying is from the former CEO that left for personal reasons a few months back. Its good to see he sees the oppurtunity, but maybe he doesn't have the most visibility to the current program.
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