TSX:REI.UN - Post by User
Comment by
gasholeon Apr 23, 2022 9:47am
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Post# 34626026
RE:RE:RE:RE:RE:RE:RE:Why did most of the reits fall today
RE:RE:RE:RE:RE:RE:RE:Why did most of the reits fall todayThere are lots of reits that pay much less than what riocan does as a percent yield but they have gone to growth look at their plans and you can see that they are going to be doubling their square footage over time this takes a lot of money and paying out all the cash flow is not going to help them achieve their goals. I only own some pmz, nwh, and riocan right now plus some banks and 2 pipelines. Not sure where reits go but a lot of them are still well below pre pandemic levels. They are 20% of my holdings.
Mousernan wrote: Not short, just letting you know this used to pay a big divvy and it won't be popular until it raises again. It's something I used to own and may again.
canadian wrote: You seem to be a short seller. With 400k immigrants every year, reits should do extremely well