Post by
Frankie10 on Nov 12, 2024 8:23am
Great earnings
Strong lease activity continues... occupancy is at all time high... but what stood out to me is the debt metrics, specifically the proforma management provided at the end of the PR... very, very positive to see weighted avg interest rate decrease and for weight average maturity to increase. Riocan's debt metrics are better than the most recently comparable metrics for SRU and FCR. I can't find a single thing to not like about these eanrings. Congrats to unitholders on another wonderful quarter. We get no love in terms of unit price, but I think that will change eventually... even if it means we have to wait for Pierre Polivere to win a majority and return Canada back to a country that international capital flows into. Have a wonderful day to all reading. :)