Update on my last assessment of IIP. First of all, I would like to point out that this is only my opinion and does not represent any investment recommendation.

As of now, today's price slide is about 20%. Why did it come to this? As described in my initial post, the tenant structure at IIP is a risk that should not be underestimated. Yesterday it was reported that a tenant cannot pay the rent (incl. other fees) iHv of 2.2 million for the month of July. Based on IIP's 2021 revenue (approx. 170 million), this amounts to 13.2 million for the rest of the year, i.e. a share of just under 8%, which IIP could lose this year(!) (assuming payment defaults for the rest of the year are taken into account).

Since I assume that even if this income is lost, new tenants will be found by the turn of the year, I find the share price reaction, measured against this, excessive. However, it should also be noted here that if one tenant runs into payment difficulties, it is of course also possible that other tenants will run into payment difficulties. The market currently seems to be pricing this into the share price. For me personally, the opportunities at IIP still outweigh the fact that the tenant structure is risky, is in this respect nothing new, I refer to my initial post.

Further, I apologize for the somewhat superficial information, but since many are certainly wondering what is going on with the stock, I have briefly compiled this post, while I try to supplement this continuously.

Not an investment recommendation.