TSX:SRU.UN - Post by User
Post by
spacegimpon Mar 06, 2024 4:01pm
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Post# 35918943
Construction debt looks like 7%+
Construction debt looks like 7%+And it's quite large and ongoing . With payout ratio now over 100% I would feel more comfortable buying this a bit lower , maybe 10% yield range . The risk is the residential property market rolling over and commercial real estate vacant development lands staying suppressed in price as they look to pay down some debt