RE:The Covid 19 effect on REITSCombination of a economic downturn, other REITs reporting not-great collection numbers earlier this week, fear of a dividend cut and fear of a downturn in the property market.
These are all viable reasons, but also giving a great opportunity to pick up cheap shares. The more this market get's wrecked, the more long term value there is here. Brookfield + subsidiaries thrive when in economic downturns. They will be able to: 1. buy high quality assets at bargain $, 2. buy back shares at bargain $