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Sir Royalty Income Fund SIRZF


Primary Symbol: T.SRV.UN

SIR Royalty Income Fund (the Fund) holds investment in SIR Corp (SIR). The Funds' investment, SIR is engaged in the business of owning and operating full-service restaurants in Canada. SIR has concept restaurant brands, including Jack Astor’s Bar and Grill, Scaddabush Italian Kitchen & Bar, and Canyon Creek Chop House, signature restaurant brands, such as Reds Wine Tavern, Reds Midtown Tavern, Reds Square One, and The Loose Moose, which are used by SIR under a license agreement with SIR Royalty Limited Partnership (the Partnership. The Fund receives distribution income from its investment in the Partnership and interest income from the SIR Loan. The Fund indirectly participates in the revenues generated under the License and Royalty Agreement through its Investment in the Partnership.


TSX:SRV.UN - Post by User

Comment by rabnudon May 14, 2024 3:06pm
45 Views
Post# 36039415

RE:No surprise today

RE:No surprise today srv is not doing very nioce its doing very poorly and its way way down in last 6+ months hard to sell this po$ such super low volumns too many other way better reits and trusts out there and they all pay better
maplak wrote: as reits are struggling with refinancing and passing higher rents.Yesterday FCD.UN reported earnings , pay out ratio to high. SRV. UN doing nice. Evey time I am passing by Scaddabush on the way to Arizona noticing parking lot is very busy. On the other hand PLZ.UN is recovering as they got upgraded. 


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