Which REITS have the most capital upside?
Dear James and Team, Thanks for the "Unloved Sectors" webinar. Very interesting. On the subject of unloved sectors I would like an updated view on REITS. From what I understand rising bond rates have resulted in a substantial reduction in REIT prices. My dilemma is that although bond rates are at, or near, a high and REIT prices at extreme lows, is now a good time to jump in? If so, in what order would you back these four shares: CLW, NSR, DXS and CHC. I know you like NSR but it seems that CLW may have more upside? CHC may not strictly be a REIT but it earns its money from the underlying property developments and holdings and should benefit from a recovery. My gut feel is that in 12 months time these shares could all show total returns of 10-15%. Or am I dreaming? Best Regards, Charles
