RE:RE:RE:Buyingi would think the same. a cut tomorrow for the sake of cutting would be a surprise. while they noted on the CC a couple quarters ago the market perecived the distribution as being "too high" they also noted the market was valuing the reit at $200 psf and said it wasn't working properly to value dream office. to me that implies the likely continued buyback program or a sib. they also clearly noted liquidity would likely be raised with some residential zoning opportunities. and since, we know they have a couple major assets for sale which could really derisk the leverage profile of the reit.
a cut tomorrow will be surprising.. unless it's like a 50% cut and redirected proceeds to max out ncib, which could be a positive.