TSX:NWH.DB.G - Post by User
Post by
garyreinson Mar 17, 2024 10:15pm
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Post# 35937629
Presentation
PresentationThey didnt mention strategic review in earnings or CC. But these are the blubs from presentatio:
- Multiple initiatives underway to surface inherent value from current portfolio (including Strategic Review).
Q3 key events:
Strategic Review Committee ("SRC") Northwest forms SRC to undertake a strategic review Explore Disposal of Assets Potential sale of certain investment property portfolios
During FY23, Northwest divested $495.2 million(1) of its non-core assets and securities
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I wouldn rule out a nice sale of the reit for FMV after they clean up the balance sheet and sentiment shifts on REIT space second half of year if rates start to decline, particularly the 10 year going under 4%.
SHORTS. WILL. BRN