Compared with Canaccord Genuity, which earlier this week forecast double-digit returns for Canadian real estate investment trusts this year, CIBC World Markets is almost sounding downbeat.
In its own outlook for the REIT sector today, CIBC forecast total returns – including distributions – of zero per cent to 10 per cent.Report Typo/Error
- Allied Properties Real Estate Investment Trust$34.93+0.01(+0.03%)
- BMO Equal Weight REITs Index ETF$19.33+0.01(+0.05%)
- Boardwalk Real Estate Investment Trust$47.50-0.30(-0.63%)
- Canadian Real Estate Investment Trust$46.52-0.03(-0.06%)
- Granite Real Estate Investment Trust$43.91+0.09(+0.21%)
- Updated January 20 3:58 PM EST. Delayed by at least 15 minutes.