TSX:AX.PR.E - Post by User
Comment by
EstevanOutsideron Feb 29, 2024 5:30pm
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Post# 35907755
RE:RE:Tepid results and strategic review outcome
RE:RE:Tepid results and strategic review outcomeas $344,286 (Q4-23 - loss of $119,803), compared to a loss of $178,431 (Q4-22 - loss of $156,533) in 2022. The fair value loss in 2023 was primarily due to rising interest rates exerting upward pressure on capitalization rates in markets across both Canada and the U.S.
yes it is expected, the fair value loss which can be reversed when rates fall.. i think the brunt of these impacts are done though.