Real Estate & E-Commerce Split Corp. Class A (TSE:RS) has released an update.
Real Estate Split Corp. has announced an overnight offering of Class A and Preferred Shares, aiming to attract investors with yields of 12.1% and 4.4%, respectively. The offering is set to close by the end of October, pending approval from the Toronto Stock Exchange. This move is designed to provide a high conviction portfolio of North American real estate companies while offering attractive returns to shareholders.
For further insights into TSE:RS stock, check out TipRanks’ Stock Analysis page.
