TSX:AX.PR.E - Post by User
Comment by
jmkOttawaon Nov 06, 2023 5:29am
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Post# 35718773
RE:CEO of Riocan statement on NAV of REITS
RE:CEO of Riocan statement on NAV of REITSVery true. This was definitely shareworthy, thank you. Quality, well located real estate has tangible value that goes well beyond the cap rate. Land is a finite resource and there is none being produced in the best locations of some of the nicer cities of the world. Conversely, money is being printed every day and the relative value of fiat currency is in a never ending decline. Real estate will always be a hedge against inflation- in the long term.