As expected, nothing positive and nothing spectacular. The presentation seems to be copy and paste from the previous report. Not sure what the management is trying to prove here. Are they trying to tell investors that they are doing all they can by actions that will be translated to results and dont need to have flowery reporting to win investors over? Or are they sitting on their asses? I hope it is the formal.
Issues surrounding the REIT.
1. High interest environment
2. Reluctance of workers to go back to office
3. Loan due mid 2024.
4. Valuation risk end of the year, aka Manulife REIT style "implosion"
It's the same 4 issues that have been flagged out since the beginning of time (ok, 1 year ago). I really hope the management of the REIT hasnt been sitting on their comfy seats and just waiting for things to
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