Post by
Lojax on Apr 24, 2017 3:39pm
A Newbie Question
Hey guys. Came across this stock the other day while looking for property investment stocks and was just curious if BPE owns the buildings it occupies or leases/rents them?
This stock has my eye as it looks to be a very limited market for listed competition
Thanks
Comment by
FreeCheez on Apr 25, 2017 8:33am
They own 26 centres, the rest are leased. The owned centres account for just over 200,000 sf, they ballpark their value at $50 Million, or $250 per foot.
Comment by
Paperonweb on Apr 25, 2017 9:41am
Most of owned centers are in Alberta (where real estate prices are down) and a few in BC. All Ontario centers are leased.
Comment by
Lojax on Apr 25, 2017 9:59am
Thanks very much guys. I am in as of today.