TSX:RPR.DB - Post by User
Comment by
Tree2treeon Nov 16, 2024 8:39am
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Post# 36316298
RE:RE:RE:For your interest
RE:RE:RE:For your interest
There is a long list of factors, not only net proceeds and vacancy rate, that management would consider in deciding which properties to sell when. Including the future upside, if you are thinking as a future owner of the renewed SOT. Even if a sale is roughly neutral to debt ratios and occupancy, it still reduces the depth of the hole they have to climb out of through refinancing.
With the Welches, you had the feeling they could fly the airplane into the ground as long as they had their paycheques and their parachutes. I have far more confidence in a company led by GA's approach to value investing.