The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario. More Details
Trading at 25.3% below our estimate of its fair value
Interest payments are not well covered by earnings
Unstable dividend track record
Large one-off items impacting financial results
Profit margins (24.8%) are lower than last year (41.4%)
Average dividend payer and slightly overvalued.
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