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WPTIF - WPT Industrial: It May Be Time To Load Up The Truck
WPT Industrial Real Estate Investment Trust Unit
As we screened for industrial REITs in hopes of selecting deep value picks, we recently ran across an outlier called WPT Industrial (TSX:WIR.U) (WPTIF). It’s a Canada-based company that invests only in U.S. properties, making it quite unique as compared with other Canada-based REITs – since WPT prices its shares in U.S. dollars.
I’ve been covering this REIT on and off again for a while now. For instance, in my last article about it here on Seeking Alpha, I explained:
The game is all about scale and cost of capital. And when you consider the