TSX:NXR.UN - Post Discussion
Post by
DanielDarden on Jul 04, 2023 1:02pm
Top Pick
“We reiterate NXR.UN as our Top Pick as we scan the Canadian REIT sector for opportunities to generate alpha amid ‘the higher for longer’ rate narrative, the pullback in the Canadian REIT sector, downturn prospects, liquidity crunch, and volatility in the CRE sector. Given the current level of the stock, we believe an opportunity to generate alpha exists, as the underlying fundamental drivers move from strength to strength.” (IA Capital from previous post)
My Take: Of the asset classes, they obvious agree that the industrial sector is most likely to be able to pass on any increased costs to tenants. If they are right, distributions are safe here and investors will notice eventually.
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