TSX:REI.UN - Post by User
Post by
garyreinson Aug 17, 2024 8:43pm
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Post# 36184577
WHY BOTHER?
WHY BOTHER?Think of everything this REIT has done on the ground past decade. Capital recycling out of the US, huge renovations on yonge/ sheppard, and yonge/ st clair and others that saw much more prestigious space with bigger tenants...I.e LA fitness. Now that residential pipeline and condos and THE WELL.. CACTUS CLUB OPENING AT YONGE SHEPPARD this week
BUT... ALL SHAREHOLDERS GOT WAS A BIG DIVIDEND CUT AND A SHARE PRICE FROM 24 AVG TO 17
WHY BOTHER... just sell the reit