European Residential REIT T.ERE.UN

RE:RE:RE:RE:National Bank

[sweetMolly1]

BrainNugget wrote: They have their NAV down by 30% from their last report a few months back which seems excessive IMO. They see the Cap Rate up by about 10%. 

Everyone keeps talking about "rising interest rates" but if you look at the real cost of money whether its the U.S.10 year bond or the Netherland 10 year bond its basically at the same rate it was back in late April.....  The bond market is telling you there is no chance of central banks raising nealry as much as anticipated.  Also National bank sites inflation and energy costs as a headwind for ERE.UN  but the REIT has NO exposure to inflation because it has no employees, its costs are strictly a % of revenue to CAP reit for managing.  Also any energy costs are not ERE.UN problem, they are paid by the tenants