The Company acquires, owns and manages a geographically diversified portfolio of retail, industrial, office, health and fitness and other properties.
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Getting Swallowed by ROCA.It's a great portfolio, they're all triple net properties, and operating expenses are high for no apparent reason deflating the value of the stock.Still, it's got an amazing dividend. Expect ROCA to pay near NAV (net asset value) and watch the stock rise to about double its current price when the takeover bid becomes more common knowledge.ROCA is not hiding their pickup of OLP stock. Read their recent letter to OLP. It's a PR ploy to their current investors to show how savvy they are. Especially as their going to have to pay a hefty premium on stock price anyways.