Q: Thoughts on ZRE currently?
5i Research Answer:
The REIT sector is sensitive to the economy and rates. It has not performed so well, with a five-year return of 1.56%. Rates moving lower in Canada should add support, but our economy may be a bit iffy for a period of time. We would consider ZRE OK for general real estate exposure, but not hugely attractive.
Authors of this answer, directors, partners and/or officers of 5i Research and/or affiliated companies have a financial or other interest in ZRE.