Avigilon Aims for Big Profit on Building Sale

Author: John Honovich, Published on Nov 29, 2016

Just 18 months after agreeing to buy a Vancouver HQ building, Avigilon is now planning to sell it off.

And they are looking to make a killing. Indeed, if their projections are true, they will make far more profits from selling the building than from their video surveillance business this year.

In this note, we look at the move, including feedback from Avigilon and how this move may strengthen Avigilon beyond the potential profits.

**** ** ****** ***** ******** ** *** * ********* ** building, ******** ** *********** ** ****** ***.

*** **** *** ******* ** **** * *******. ******, ** their *********** *** ****, **** **** **** *** **** ******* from ******* *** ******** **** **** ***** ***** ************ ******** this ****.

** **** ****, ** **** ** *** ****, ********* ******** from ******** *** *** **** **** *** ********** ******** ****** the ********* *******.

[***************]

Building ******** 

** ***** ****, ******** ********* ****** *** ****** ** ******** ********* *** $** ******* ***.

******** ** ********* ********** *** ********* *** ******** **** ***** to **** ** ****** ****.

Sale / *********

***, ******** ** ******** ** **** *** ********, **** * projected ***** ** ~$*** ******* ***. 

*******, ******** ***** ***** ** *** *** ******** ** **** will ** ******* ** **** **** *** ********* *****.

Profits ********

** ******* ******, *** ******* ****** **** - **** ***%. *******, this ***** ** ****** ** ******** ** ********* *** ********, which *** $*.* ******* *** *** *** ***** * ******** of **** *** *******, *********** ***** ***** *** ****** **** move-in.

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**** ********

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Bubble *********

********'* ****** ****** ** ***** **** ** **** "*********'***** ****** ****** ** ** * ****** ** ************* ******." It ** ** ****, **** **** ** *******. ** ******** *** ** **** ** *** *** ** top.

Investor *** ****

******* ********* ******* ** ** ******* ********** **** *********. ** until**'* ************ **** *******, ********* *** ******** **** ****** ******* **** ********, ******* of *** ******* ***** ***** *** ***** **** ****** *** building, ***** **** **** *** ** ************* ***** *** ********* **** their **** ********.

Outlook ******** *** *******

** ******** *** **** * **** **** ***, **** ***** not **** *** * ***** ** **** / ******* *** continue ** ******* ********** **** *********.

** ******, *** ****** ****** **** ** ***** ******* *********** results. ********* *** ********* ~**% ****** **** *** *** ******* Q4 **** *******, ***** ** ***** **** ** *** ***** notably ****** **** ********'* ** ******* ** **** ** *** industry's. ******* *** ******** ** **** ** ***, **** **** likely ******* ********'* ***** **** ****** ****. 

Comments (8)

* ***** ***** ***** *****:*

*** ******* ******* *** ** ******* *** * ***.

*** ***** ****** *** **** **** **** *** ****** ***?

**** **** ** *********** ***** ******** **** **** ****** *** value ** *** ********?

**** ** ********* ** ** * **** ****** ****** - that ********* ** **********.

*** **** **** *** ** *** ****, *** **** ****'** pay ** **** ;)

** * **** ****** **** **** * **** ** * ago, ******** *** *** ****** ** ********* ********* ******* **** their ***** ************ ***** *** **** *** ********* ******* ***** shattering ** ******** *******. **** *** ******** ***** *** **** by ********** ***** ******.

*******:

***** *** *** **** *** * **** ** *** ****** to ******* "*******" **** ** *** ******* *****, *** **** may **** **** ** *** *****. " ***'* **** * building.

********** ** *********? ****, *****.

** ******* / ********* ***** ****** *** *** ********,*** ******:

** *** ******** **** ** *** ******** *** **** ********* with: **- ** **-**** ********; ******-********* ******* *** ********; ****** finishes; *** ********** ***** *******, **** ******* *** ****-******* ****** backup *********; * ***** ******** *** ** ******** ** *** existing ******** ****; * ***-****** ****** ********* ******* ********* *** overhead *********; ******* ***** ********* **** *** ****** **** ***** on *** *** *** ******** *****; * ******* ******* *** storage **** *** ********** **** ******* *** *******.

***** ******** ******** *******: * ****** ***** **** ** *** east **** ** *** ********; *** ******** ********; ********** ***** awnings ** ******* *** ****** *******; *** **** ********* ** improve ******** ********** *** ***** ****** *********. *** ****-**** **** also *** ** ******* ******.

******- ****** (********) ****** **** **** *** *****

********:**** **** ** **** ******, *********** ***'* **! ** ** actually * ********* ************ ** *** ****** ***** **** ** the *******. ***'** **** *** ***** ** **** ******** **** this ** *** ******, ** *** *****!

*** *****:***, **'** **** *********. ****... **, ***'** **** **** *****, we'll **** **!

*******: *** ***** ********** ***** **** *** ****** (********)

*** *****:** ** * ******** ******** **** ****, ******** *** **** might **** ****, ***** ** ******* **** ** ** *** market. * **** **** **** ** **** *-****** ****** *** its ********* ***** ****.

********:*'** **** ******. *** *** ***** ****, **'* ******** *********** digitatumm ******** ***** ** ***** **** ****** **** *** ****, we ***** ***** *** *** ** **...

******, *** * ******** ***** ** ***** *** * ***** driven ************, **** **. ** *** ******, **** *** ****, double *** ***** *****, ***** *** ****, *** **** **'** talk.

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