Post by
SNAKEYBOY on Sep 04, 2022 4:38pm
Canadian REIT sector
You have to go back to late 2016 to find Canadian REITS priced where they are today (with the execption of the first 8 months of the pandemic before a vaccine was available of course). Virtually 5 year lows while NAV on the books has likely increased substantially in 5 years.
Could simply interest rates in the 3.xx% send these back to PANDEMIC levels? That would be pretty insane. My bet is theres a lot more upside in the next 6 months than downside