Dundee Corporation operates in the Apartment building operators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Dundee with three other
Real estate operators in North America:
InterRent Real Estate Investment Trust
(2017
sales of 109.00 million Canadian Dollars [US$82.96 million]
of which 100%
was Real Estate Properties),
New England Realty Associates L P
of the United States
($52.83 million
of which 100%
was Real Estate), and
InterGroup Corp
which is
also
based in the United States
($69.01 million
).
Sales Analysis.
Dundee reported sales of C$97.37 million (US$74.10 million)
for the
year ending
December of 2017.
This
represents
a
sharp
decrease of 57.1%
versus 2016, when the company's sales were C$226.82 million.
Contributing to the drop in overall sales was the 76.9% decline
in Asset Management, from C$63.58 million to C$14.67 million.
.
However, these declines were partially offset by the increase in sales of
Agriculture (up 37.8% to C$115.80 million)
and
Real Estate (up 17.8% to C$115.02 million)
and
Resources (up 17.5% to C$23.65 million)
and
Corporate and Other Portfolio Holdings (up 365.6% to C$16.11 million)
.