TSX:DIR.UN - Post by User
Post by
retiredcfon Oct 15, 2024 7:14am
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Post# 36265903
Patience
PatienceI only own two REITs in my entire portfolio - GRT.UN and DIR.UN, and both are down substantially (25% and 15%, respectively). Do you see any lights at the end of these two tunnels?
Both have recovered nicely from their lows, and both should continue to benefit from lower interest rates. Lower rates help both their fundamentals and investor sentiment. We like the industrial sector still the most of all REIT sectors and would be very comfortable owning these for income. (5iResearch)