TSX:RPR.DB - Post by User
Comment by
TVRon Nov 18, 2024 5:24pm
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Post# 36318768
RE:Any idea what
RE:Any idea whatPretty sure the referenced "new strategic direction" does not involve conversion of office buildings to residential for the simple reason the REIT does not have the financial resources to fund such conversions.
I remember the new director from when he was an equity research analyst for REITs at Canaccord Genuity from 2003 to 2012. Following that he was CEO of FAM REIT for a couple of years. See his background on Linked-in:
https://ca.linkedin.com/in/shant-poladian-cpa-ca-3398a798
He has a good REIT background so I think he is a decent addition to the trustees of SOT.UN