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  "documentTitle": "Blackwells Capital | Activist Presentation Deck | 207 slides",
  "authorId": "blackwells-capital",
  "authorName": "Blackwells Capital",
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  "presentationDate": "2022-01-01 00:00:00",
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  "notes": "Uses a simple process-oriented list structure to define the activist strategy.",
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      "kind": "list",
      "text": "Take Private: WPT Industrial REIT is a Canadian listed REIT that acquires, develops, and owns logistics properties in the U.S. ... We aim to take advantage of this disconnect by buying into an undervalued and underappreciated Company.",
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      "text": "Exit: WPT has an attractive portfolio of industrial real estate assets that should garner a significant M&A premium. There are several exit options including the sale of the Company to a financial buyer or other Industrial REIT.",
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      "kind": "list",
      "text": "Fix: WPT has grown significantly over the last three years essentially doubling the portfolio. ... Since then, the company has fixed the management structure, geographic exposure, and growth issues, yet is still being valued at a significant discount.",
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      "kind": "paragraph",
      "text": "Blackwells Believes There Are Multiple Levers for Value Creation Including:",
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      "kind": "title",
      "text": "BLACKWELLS APPROACH TO WPT",
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