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The TMX Broadcast Centre in The Exchange Tower in Toronto is pictured. On Friday, the S&P/TSX index had fallen 2 per cent week over week.
The TMX Broadcast Centre in The Exchange Tower in Toronto is pictured. On Friday, the S&P/TSX index had fallen 2 per cent week over week.
(Deborah Baic/The Globe and Mail)

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Potash Ridge off to a bad start

When Loblaw Cos.’s publicized its plan to launch a real estate investment trust packed with its property assets, the planned initial public offering inspired plenty of investor enthusiasm. REITs continue to draw investors in with their promise of healthy yields.

But when it comes to new listings of growth-oriented businesses, the market seems to be less enthusiastic.