Skip to main content

The Globe and Mail

Q&A: Finding the best values in the battered REIT sector

For this week's live discussion at Inside the Market, we were joined by Michael Missaghie, portfolio manager for Sentry Investments and co-manager of its REIT fund.

Mr. Missaghie thinks the recent weakness in the REIT sector has made for an ideal time to go bargain hunting, believing it was mostly a knee-jerk reaction to concerns about rising interest rates. He thinks that several attractive opportunities reside in Canada, the U.S. and internationally based on valuations and other factors. And he maintains that some REITs are actually well-positioned to benefit from rising rates given that it's a signal of a strengthening economy.

Read more below about his top picks and outlook for the sector.

Story continues below advertisement

Some mobile users may find an easier-to-read format by clicking here.

Report an error Editorial code of conduct Licensing Options
As of December 20, 2017, we have temporarily removed commenting from our articles. We hope to have this resolved by the end of January 2018. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to feedback@globeandmail.com. If you want to write a letter to the editor, please forward to letters@globeandmail.com.