Q: Hi Peter,
Looking at the fundamentals of BPO, it has been trading at a discount to its NAV for a while. Comparing to most Canadian office focused REITs, BPO's current price seems quite unreasonable for this quality REIT.
Are there any special reasons? Or, it is just not a favourite name to the Wall Street. Do you think whether BPO is a good buy at the current level?
Thank you!
Looking at the fundamentals of BPO, it has been trading at a discount to its NAV for a while. Comparing to most Canadian office focused REITs, BPO's current price seems quite unreasonable for this quality REIT.
Are there any special reasons? Or, it is just not a favourite name to the Wall Street. Do you think whether BPO is a good buy at the current level?
Thank you!