TSX:DIR.UN - Post by User
Comment by
maypeterson Oct 11, 2018 8:25pm
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Post# 28785307
RE:RE:RE:RE:RE:RE:Going under 9.00 next week as interest rates increase .
RE:RE:RE:RE:RE:RE:Going under 9.00 next week as interest rates increase . Most of the REITS have locked in their rates for the long term and will not have increased costs right away.
The new acquisitions from the news released by DIR show cap rate of 6.6% and 6.1%. Pretty good cap rates.
I know you have been making the rounds on most of the REIT boards with the same message but as history has shown - REITS do quite well even during times of increase in interest rates.
The selloff in the market in REITS has nothing to do with fundamentals but probably to do with how the algo's have been programmed.
You are right about the full circle. The stock price will move up - the yields will drop and the long term shareholders will make good money. rapid_fire_ wrote: May Peters. You may not mine the drop in SP , but the ability to pay a div, or drip and dilute will become hard, as rates jig up. Hence the sell off . It’s full circle .