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REITS(canadian)
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Re: HOT.un news I only have a small position, as I sold about 2/3 when they bought the non rail hotels. I don't like that space. I only bought in because of the guaranteed rail contracts. Even with the new acquisition plus the developments, they will be just over 50% rail..... As long as it is accretive it should work out in the short-term, but who knows about the longer-term. One can't assume the economy, occupancy, and so many costs are not transparent. |
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