TSX:NWH.DB.G - Post by User
Post by
garyreinson Oct 19, 2023 9:23pm
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Post# 35692236
I dont get it
I dont get itFor NWH and other REITS, arent rent hikes or inflation-indexed leases supposed to offset some of this interest expense? Ok your 4b debt goes up by 3% interest, can't that revenue also increase by 3% on inflation? Obviously the interest expense is larger but it should offset some of it. Makes no sense how these reits are like are we leased the building at a 10% spread but rates are tanking these like no tomorrow