Added to YB: 2025-07-16
Pitch date: 2025-07-14
HOM-U.TO [bullish]
BSR Real Estate Investment Trust
-8.24%
current return
Author Info
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Company Info
BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario.
Market Cap
CAD 394.3M
Pitch Price
CAD 17.92
Price Target
17.30 (+5%)
Dividend
4.76%
EV/EBITDA
17.06
P/E
-19.08
EV/Sales
7.74
Sector
Residential REITs
Category
value
BSR REIT: Potential M&A Ahead - By Real Assets Value
HOM-U.TO: Small-cap REIT (~$700m) owns 25 suburban garden-style TX multifamily properties. Trades at ~6.2% cap rate, $165k/unit, 23% discount to NAV. Recent transformative AvalonBay deal: 9 properties sold at ~5% cap rate (~$230k/unit). Transactions eliminated legacy unitholder consent rights, opening door for future M&A. Trading at $13.30 vs $17.30 NAV.
Read full article (13 min)