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REIT Update From CIBC Private Wealth’s Equity Income Team
Gordon Scott, CFA July 14, 2020
Real estate investment trusts (REITs) have been in the press a lot lately as they lagged the market during the sell-off in March. This was surprising to many, as real estate is often viewed as a more defensive sector of the market. Given the recent underperformance, a few clients are wary of REITs and recently asked for our views on the real estate market today.Our view is more nuanced.
The...