BSR Real Estate Investment 5 00 convertible unsecured subordinated debentures T.HOM.DB.U

Insider Buying

[retiredcf]

Friday’s Insider Report: Chair invests in this REIT with a unanimous buy recommendation

Listed below is a REIT that has had recent buying activity in the public market reported by an insider.

BSR Real Estate Investment Trust

On Dec. 7, chair of the board Neil Labatte invested over US$403,000 in units of BSR. He bought 30,000 units at an average cost per unit of approximately US$13.45, lifting this specific account’s holdings to 78,500 units.

The company pays its unitholders a monthly distribution of 4.33 US cents per unit or 52 US cents per unit yearly, equating to a current annualized yield of approximately 3.9 per cent.

According to Refinitiv, the REIT has a unanimous buy recommendation from 12 analysts.

[incomedreamer11]

Dec 22/22 Officer Brazeal, Franklin Blake  Direct Ownership Public market buy Trust Units USD 12.92 -10,000      + 12.8%   total:  87,884

[DanielDarden123]

When combined with the earlier purchase by the Chairman this amounts to >$530K bought by insiders recently. U.S.$. While they do not have a crystal ball, they must be comfortable with their investments. Could a buyer be sniffing?

[incomedreamer11]

I will add today or tomorrow to finish my switching from Minto REIT