RE:RE:Scotia updateFrom the oct 2 Scotia report:
......As we mentioned in our Q2 results note, we still see AP as fairly binary, with 200-300bp+ occupancy growth driving 15%+ unit price upside on higher distribution confidence. Realization of occupancy gains amidst a realized soft landing could translate into one of the highest 6-9 month returns in our universe, in our view, despite perhaps a near term unit price breather should the "inflection point" prove elusive with q3 results.