TSX:PLZ.UN - Post by User
Post by
HermannHalleron Nov 01, 2021 11:09am
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Post# 34073053
Scotia report highlights value in strip plazas
Scotia report highlights value in strip plazas From their report today:
CBRE Q3/21 CAD cap rate survey yesterday showed avg. cap rate down 6bp q/q to 6.09% vs. a 16bp decline in 10YR GoC. ... At the risk of sounding like a broken record, Industrial led the way (19bp decline) but interestingly Strip-Retail (-10bp) and Suburban Office (-8bp) surpassed Multi-Family (-5bp) in taking the #2 and #3 spots; ....Public markets appear to have priced-in most of the changes aside from perhaps strip-retail.