Activists seek to unlock value in Canadian real estate sector: Reuters
Activist investors are stepping up campaigns to drive change in Canada’s $67 billion real estate investment trust sector as they see attractive prices and opportunities to unlock value, Reuters reported. Activists are also looking to tackle perceived corporate governance issues such as high management and board compensation, as well as to tap frustrations from institutional investors about under-performing stocks. Canadian REIT activism has been on the rise in recent years, according to figures from Activist Insight, even as activism in the broader Canadian market has dropped after peaking in 2015.
10 October 2017•3 mins read
