Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TobagoJack who wrote (37701)	9/2/2003 11:15:33 AM
From: Seeker of Truth	Read Replies (3) of 74559

Hello Jay, Riocan reit is by far my biggest holding. That said I think the price has galloped way ahead of itself. The increase in distributable cash was only 4% but the price of the units has way exceeded that. It was under 12 a couple of years ago when I began buying. As for the other non-residential Canadian reits, I am fearful of them because in a leveraged way they highly depend on the level of the general economy and the chance of big changes in the price is high. Naturally the change may not be plus. I have the conviction that shopping centres have the right mix of safety with growth. They are much safer than office buildings. They are less safe than residential real estate but there is more growth. My second biggest holding is Corio, a pan-European real estate company which has 70% of its capital invested in shopping centers. Chugs and good luck to all, Malcolm

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next