TSX:AX.PR.E - Post by User
Post by
garyreinson Oct 22, 2024 9:49pm
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Post# 36277806
TUG OF WAR
TUG OF WARKnowing how PURELY CAD reits will perform or react while the US 10 year, 5 yr, 2 yr remains "elevated" at 4%+, while BOC needs to go aggressive to some say lower than 3% by early next year...
I mean, if your RIOCAN/DREAM office you easily have privaet market buyers that can pay a 4-6% cap rate
but then, they need to trade with the risk free rate
its truly a toss up as to which rate will win, probably in this scenario downside is protected but also upside
ALL I know, is if the margin-rate < reit SAFE dividend, its a good buy. AM I WRONG?