A top Canadian investment bank downgraded price targets for several Canadian REITs and said it may be time to reexamine the role of traditional office space, but also thinks the future is far from straightforward for the real estate investment trusts that own the property class.
Canadian Investment Bank Lowers Price Targets for Office REITs While Other Analysts See Opportunity Across Broader CRE Sector
CIBC: Hybrid Work Is Taking a Significant Toll on Long-Term Profitability of Office Sector
By Garry Marr
CoStar NewsApril 18, 2023 | 8:55 P.M.
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IN THIS ARTICLE
- Companies
- Raymond James & Associates, Inc.
Finance and Insurance
- CIBC
Finance and Insurance