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Marwest Apartment Real Estate Investment Trust V.MAR.UN

Marwest Apartment Real Estate Investment Trust (the REIT) is an open-ended real estate investment trust. The REIT is formed to provide unitholders with the opportunity to invest in the Canadian multi-family rental sector through the ownership of income-producing properties, with an initial focus on stable markets throughout Western Canada. The REIT properties include Element, Prairie View Pointe, Brio Brownstones and Kenwood Court. Element Townhomes include 112 multi-family units in Transcona. Element offers a resident clubhouse and is in close proximity to numerous shopping, dining and entertainment options within the neighborhood. Prairie View Pointe is located in North Winnipeg, with immediate access to the Perimeter Highway. Kenwood Court is located on the desirable South St. Vital neighborhood. Kenwood Court is surrounded by comfort, greenery, and riverside walkways. Brio Brownstones property includes approximately 148 units and luxurious clubhouse.


TSXV:MAR.UN - Post by User

Post by Stevesackon May 17, 2024 1:37pm
108 Views
Post# 36045895

Management doesn’t care???

Management doesn’t care???The stock price continues to languish as it trades aimlessly in this 75 cent range. Investors obviously find the company minimunly interesting due to lack of progressive movement. It is time to increase the residential holdings in the company to spur some interest and get the stock price up. The NAV is $1.93 and trades at less than half of that. Management Has to do a lot better!!
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