APW 4.70% $1.56 aims property securities fund

"Strategic Review of the MacarthurCook Office Property Trust", page-8

  1. 1,579 Posts.
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    Encouraging that SNC are likely taking over MVT. As it is scrip base, this will double SNC's market cap to $85m~.

    SNC have been a little sub scale to pursue issues like APW but the extra market power would place them in a much stronger position to resolve the APW discount to NTA and ridiculously poor cash flow for an ungeared REIT.
 
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