TSX:IIP.UN - Post by User
Post by
retiredcfon Sep 07, 2022 7:36am
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Post# 34945887
Analyst Comment
Analyst CommentAs you may have gathered, he's not a fan of REITs so it's safe to assume that he's not an owner. GLTA
https://www.bnnbloomberg.ca/video/ryan-bushell-discusses-interrent-reit~2515374
DON'T BUY
InterRent REIT(IIP.UN-T)
05/09/2022 at 08:00pm
During Covid, money shifted out of office and retail and into apartments and industrials which saw big gains last year, but have come off this year. They remain pricey in valuation though. It's tough to grow by acquisition or finance new properties, so growth is limited. You get the yield, but not enough to trigger a buy.
PROPERTY MNGMNT / INVESTMENT
Ryan Bushell
$12.200
Unknown