Inovalis Real Estate Investment Trust T.INO.UN

This REIT IPO'D in May 2013 at $10.00

[apollojetic]

Thankfully distributions have helped investors over that 9 year time period but management have not impressed the reit market and the share price continues to lag.

Still not expecting much as the yield is still way too high. High yield = more risk. Less institutional ownership.

A few recent purchases but the market is yawning. Higher interest rates, inflation and war hasn't helped sentiment but 9 years later and we are still under the $10.00 IPO price.

[rabnud]

yes thats true but the war has not helped and covid was a big factor  looking at it long term after 9 years u got 90% of your money back and still own the shares so not terrible

[Kylemcc10]

Was never meant to be that kind of stock. Even those who bought at IPO have been sitting on a cool 8.25% return annually not including special distributions or drip. This stock does exactly what it should. The headwinds in the office space and issues in Europe are a different issue for new investors. I bought a long time ago for the income and that's what it gives me.  

[rabnud]

agreed  hopefullythey get the affo under control  and soon Iam worried about a dist cut if we see that we lose major money I also have to wonder if its being shorted also ??

[Kylemcc10]

Not sure what the updated ratio would be with the new property. Hopefully an improvement.

[rabnud]

its a huge purchase so lets hope so as the SP has plunged terrible in the last 2-3 days