TSX:AX.PR.E - Post by User
Post by
garyreinson Jun 22, 2024 10:39am
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Post# 36101481
GOT SOME INSIGHTS FROM A REIT CEO
GOT SOME INSIGHTS FROM A REIT CEO-REITS FFO growth is expected to be flat or negative, so there is not money coming into the sector due to this.
-The slowdown with economy and macro is overblown and most reits will only see a small dip in NOI as a result
-The capital gains hike has created a big flow of capital to beat the 66% rate, or indirect to facilitate debt repayment or redeploy capital in the volaitility)- I think this is what me and scrooge mc duck were missing, the second order effects
-Expects private equity to be more aggrgessive with M & A in 2024 cause rates are coming down
-multi-resdential in US becoming attractive, as blackstone is doing some buying now