TSX:PLZ.UN - Post by User
Comment by
EstevanOutsideron Feb 26, 2024 7:53pm
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Post# 35900402
RE:RE:RE:Not the best earnings
RE:RE:RE:Not the best earnings a lot of the added affo costs come from maintenance which plaza said had been deferred from covid times. with the completon of a number of developments, have to wonder if this number could fall quite a bit b ack to historical norms. also leasing costs.
anyways, the developments coming online in 2024 + the leasing expirations should add around $3.8 M of NOI annualized based on my conservative estimates.
plus they say they will do more non core asset dispositions.