Canada's Reit investors get hit despite surging property market

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[TORONTO] Canada's private real estate market is roaring again after it briefly froze up because of Covid-19. Its stock market equivalent isn't keeping pace. Read more at The Business Times.

"Retail is the largest weighting currently with just under 30 per cent of the XRE," Matt Carvalho, chief investment officer at Cardinal Point Wealth, said by phone.

Canada's Reit index also has little exposure to data centers, warehouses, mobile phone towers - all growing in importance as the masses work and shop from home and wireless companies launch 5G services. Global diversification helps Reit investors avoid too much concentration in one slice of the real estate market, he said.

 

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Stocks to watch: Suntec Reit, IHH Healthcare, SIA Engg, Thomson Medical, CreativeTHE following companies saw new developments that may affect trading of their shares on Friday: Read more at The Business Times.
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