TSX:REI.UN - Post by User
Comment by
retired71on Sep 30, 2020 7:35am
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Post# 31640406
RE:RE:no love for reits
RE:RE:no love for reitsThese companies rode the gravy train for 30 years. declining rates, big urban sprawl, increased population density and deal after deal. now covid + amazon effect + inability to raise commercial rents + vacancies (especially in malls). can't imagine the leasehold improvement perks the CRE landlords are providing potential new clients to move in. HOw do you even properly calculate a CAP rate for RIOCAN and determine what the true equity value is with these oscillating key dynamics hitting their business? easier money made elsewhere, with enbridge yielding 8.5% and most of that cash flow on long term guaranteed take or pay...