Recovery of Canadian Real Estate Investment Trusts Post-Pandemic
REITs in Canada ‘to get a good return over the next couple of years’: Colliers 🔗
Canadian real estate investment trusts (REITs) are showing signs of recovery after a challenging period due to the COVID-19 pandemic. Adam Jacobs from Colliers Canada notes that the rebound is driven by interest rate cuts, the return to office work, and increased market confidence. Many REITs faced difficulties due to their reliance on borrowing for capital-intensive projects, which were impacted by changing market demands. Despite past challenges, REIT stocks have risen significantly in value recently, and analysts predict this trend will continue, suggesting that investors can expect good returns in the coming years.
What has caused the recent recovery of Canadian REITs?
Interest rate cuts, the return to office work, and increasing confidence in the market have contributed to the recovery of Canadian REITs.
How much have REIT stocks increased in value recently?
REIT stocks have jumped upwards by 10 to 25 percent in value over the last few months.
What are the three megatrends affecting REITs?
The three megatrends mentioned are interest rates, remote work, and the housing crunch, which have varying impacts depending on the type of REIT.