InterRent Real Estate Investment Trust T.IIP.UN

Surprising...

[WDMBell]

I find it a little suprising that more of the apartment REITs haven't been bought out by major pension funds.  All of them have shown their ability to grow and improve revenue through a pandemic into a high inflation/interest rate environment and they still continue to trade at rock bottom levels.  It would make sense that someone with capital would snap up a productive growing asset at low levels.

Thoughts?

[junglejames]

With interest rates now falling, and many smaller REITS (MI, IIP, KMP, ERE, etc) trading well below NAV one would expect there would be economy of scale opportunities for larger pools of capital.    ERE looks like the first to go , but in parts rather than the whole.   Perhaps M&A activity will pick-up in the new year. I've acquired some IIP again just the other day