OTCPK:CMLEF - Post by User
Comment by
saintpeeteron Mar 04, 2020 10:22pm
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Post# 30768345
RE:Looking for REIT buying ideas!
RE:Looking for REIT buying ideas!No doubt that Cominar is a good Reit, they have shored up their BS with dividend cut, share buyback and some asset sales.
However FWIW my outlook on Reits is neutral because real estate is priced very high due to interest rates and capital flows in Canada. This is heading for a correction even with the low interest rates. so I've been taking some money off the table - and this is one of the stocks I sized down on.