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Prologis Inc. (PLD)
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Granite Real Estate Investment Trust (GRT.UN)
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Dream Industrial Real Estate Investment Trust (DIR.UN)
Q: A quote from the Business Insider: "Prospective losses, refinancing woes, international contagion, and panic selling combine to create a bleak outlook for the commercial property sector."
I'm guessing the Office sector is perhaps the most risky portion, but how concerned are you about these three industrial REIT's with regards to the overall CRE outlook? PLD apparently has an A-rated balance sheet which I would guess help them survive compared to many (?) It also appears that much has maybe been priced into the respective stock prices of these.anada
I'm guessing the Office sector is perhaps the most risky portion, but how concerned are you about these three industrial REIT's with regards to the overall CRE outlook? PLD apparently has an A-rated balance sheet which I would guess help them survive compared to many (?) It also appears that much has maybe been priced into the respective stock prices of these.anada
5i Research Answer:
Certainly valuation adjustments reflect at least some of the current investor concerns. In a...