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Bullboard - Stock Discussion Forum Inovalis Real Estate Investment Trust T.INO.UN

Alternate Symbol(s):  IVREF

Inovalis Real Estate Investment Trust is a Canada-based open-ended real estate investment trust (REIT). The Company is formed for the purpose of acquiring and owning office properties primarily situated in France, Germany, and Spain. The REIT properties are strategically situated in urban areas, generally in close proximity to public transportation. Its France properties include Gaia, Arcueil... see more

TSX:INO.UN - Post Discussion

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Post by DJ441c on Jul 16, 2024 9:07pm

sale of property

looking at the last  quart  report    value of $28mm   and   conversion of 17.5MM euro is  close      about $26Mm  or so acc to my math    should be somewhat pos  tomorrow     need to see Q2  results    this  property oncly contributed 4% or so of NOI
Comment by BlueJay2020 on Jul 17, 2024 8:34am
Thanks - that is what I thought. Well, I expect my 15.000 shares will vote in favour.  It will give us much needed liquidity and improve occupancy optics on top.  i am surprised there was not a stronger market reaction to Monday's press release.  Perhaps no-one cares at this point!
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