TSX:IIP.UN - Post by User
Post by
retiredcfon Nov 01, 2023 10:04am
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Post# 35711082
Scotiabank
Scotiabank Scotiabank analysts Mario Saric and Himanshu Gupta outlined their REIT strategies and top picks,
“We still like an overweight position in Apartments. We believe they are more economically defensive,with a large MTM [mark to market] and near maximum occupancy supporting mid-single-digit SSREV [same store revenue] growth in 2024, even should the economy slow. As noted our Primaris Initiaiton … we currently have Outperform ratings on Interrent REIT, and Canadian Apartment Properties REIT.