TSX:RPR.DB - Post by User
Comment by
rad10on Nov 16, 2024 6:10am
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Post# 36316247
RE:For your interest
RE:For your interestProblem is this may have been one of their better performing properties.
https://renx.ca/smart-investment-acquires-woodbine-corporate-centre 63k square feet listed as available out of 360k - suggests 82% occupancy. Aren't they averaging 78% across the portfolio? Doesn't this further deteriorate?
Selling off better performing assets with no net gain to the balance sheet exacerbates the leverage.
Inconvenient facts.