TSX:AAR.UN - Post by User
Comment by
maypeterson Jun 09, 2015 1:18pm
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Post# 23811623
RE:REIT rut ...
RE:REIT rut ...Hi Emba,
depends on what the motivation for the investment is. some of the REITS are quite expensive on a AFFO basis.
If you are interested in the income stream then do not worry about the price fluctuation too much. From what I have looked at, most good management teams at various REITS have taken the opportunity to lock in the rates on their mortgages for a higher duration period (longer term).
At 6.7% divvy - its good. ECI (Enercare) is getting attractive also.
Also check out MTG (senior morgages - most morgages are for 1.2 years so in case interest rates move up they can adjust much better).
Good Luck.