Post by
EstevanOutsider on Nov 29, 2023 7:48am
REITs are set to rip higher
Bond yields tanking globally and inflation coming in soft almost everywhere. Canada and Eurozone already in a recession. Artis exposed already to most floating rate debt so biggest tailwind from falling rates. Meanwhile work from home scam continues to fade and office occupancy is improving. Think we have to survive the doldrums of tax loss selling but anytime between now and January could be go time for the REIT space which should start rallying with bonds as a new cycle starts. IMHO!
Comment by
Frankie10 on Nov 29, 2023 8:47am
Agreed. I have noted the ever increasing % of variable/unhedged debt to total debt. Samir's view is clear based on Artis' cap table positioning.