Post by
retiredcf on Oct 15, 2024 7:14am
Patience
I 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)
Comment by
rad10 on Oct 16, 2024 6:10am
Must have loaded up at over $100 in 2022. This is a good place for the long term. GRT is my largest REIT holding.