TSX:AX.PR.E - Post by User
Comment by
EstevanOutsideron Oct 04, 2023 6:39am
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Post# 35668390
RE:With REITS moving down fast...
RE:With REITS moving down fast...i am not so sure they should rush to put mortages on right now unless they have to. rates are peaking out and soon they'll start falling. imagine being the guy who misread the rate cycle on the upside only to jump onto it at the cycle peak before the downside.
but yeah, i really hope he has a gameplan behind the scenes. only positive here is the current unit price will make for some very very low ncib/sib if he has something up his sleeve which will benefit the reit in the longer term.