(Past Top Pick Nov 24/06. Down 19.7%.) There is a take-out offer for the shares. The whole REIT market has been in a slump. This is US properties. He sold out at around $13 - $14.
(Past Top Pick Nov 24/06. Down 19.7%.) There is a take-out offer for the shares. The whole REIT market has been in a slump. This is US properties. He sold out at around $13 - $14.
Have accepted an offer from a US based real estate company at $9.75 US. This is an asset purchase, not the units and IPC will have to wind up the units. There will be tax ramifications. A disappointing wrap up to this REIT.
Have accepted an offer from a US based real estate company at $9.75 US. This is an asset purchase, not the units and IPC will have to wind up the units. There will be tax ramifications. A disappointing wrap up to this REIT.
A Canadian REIT with all its assets in the US. Has been very weak. They are having trouble finding buyers. Good management and good properties. Wait for the next announcement.
A Canadian REIT with all its assets in the US. Has been very weak. They are having trouble finding buyers. Good management and good properties. Wait for the next announcement.
Only Canadian Reit that only owns US properties. Modal is only class 'A' office buildings, in secondary markets across the US. Suffers from the currency discounts, and unusual promotes.
Don't buy, but hold if you have.
Only Canadian Reit that only owns US properties. Modal is only class 'A' office buildings, in secondary markets across the US. Suffers from the currency discounts, and unusual promotes.
Don't buy, but hold if you have.
Only Canadian REIT that exclusively owns US properties. They have A assets in B locations. Believes this portfolio will eventually be sold, but doesn't expect frenzied bidding.
Only Canadian REIT that exclusively owns US properties. They have A assets in B locations. Believes this portfolio will eventually be sold, but doesn't expect frenzied bidding.
Unique REIT in Canada as it is the only one that owns only US properties. Put themselves up for sale. Have seen a lot of bids at very low cap rates for mediocre/average assets. A very speculative play. Sold his holdings.
Unique REIT in Canada as it is the only one that owns only US properties. Put themselves up for sale. Have seen a lot of bids at very low cap rates for mediocre/average assets. A very speculative play. Sold his holdings.
This is a unique REIT in that it is a Canadian one, but owns solely US office property. Changing their strategy to own A property in primary markets. Thinks it will be taken out.
This is a unique REIT in that it is a Canadian one, but owns solely US office property. Changing their strategy to own A property in primary markets. Thinks it will be taken out.
Primarily US office space. Sold some prime property for good prices and with all the cash they are raising, they're looking to buy higher growth properties. Could be a takeover target. Nice US income that is highly tax deferred.
Primarily US office space. Sold some prime property for good prices and with all the cash they are raising, they're looking to buy higher growth properties. Could be a takeover target. Nice US income that is highly tax deferred.