Choisissez votre langue


IN Tune: The Canadian 2023 REIT Outlook | Something’s Gotta Give

  •  Temps de lecture Clock/
  • ÉcouterÉcouter/ ArrêterArrêter/
  • Agrandir | Réduire le texte Text

Disponible en anglais seulement

Mike Markidis, MD & BMO REITs Analyst walks us through his 2023 outlook. He suggests that higher interest rates have him more cautious, particularly as the adjustment process continues and the spectre of a recession looms. Accordingly, from his perspective, investors' expectations should be more tempered in 2023. Valuation screens attractive on a P/NAV basis, but our weighted average AFFO yield spread is below the LTA. In addition, capital constraints and the potential impact of a recession on tenant demand are formidable challenges; not to mention regulatory uncertainty. Given this backdrop there are still opportunities. From a fundamental perspective industrial real estate is at the top of our pecking order followed by multi-residential.


Subscribe to this free podcast and never miss an episode or visit the BMO Equity Research website for more great episodes of IN Tune.

BMO Equity Research disclosures



Immobilier Conférence 2022 sur les actifs immobiliers

mai 12, 2022 New York


Autre contenu intéressant