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Canadian REITs Still Trade at 20% Discount to Net Asset Values

Signs of Improvement Cited in CIBC Capital Markets Report
A report from CIBC Capital Markets, based in Toronto, suggests publicly traded Canadian REITs are still trading well below their net asset values. (Getty Images)
A report from CIBC Capital Markets, based in Toronto, suggests publicly traded Canadian REITs are still trading well below their net asset values. (Getty Images)
CoStar News
August 22, 2024 | 5:40 P.M.

A report from one of Canada's major banks suggests publicly traded real estate investment trusts are still valued by investors at about 20% below their net asset value on average, though there were signs of improvement in the second quarter.

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News | Canadian REITs Still Trade at 20% Discount to Net Asset Values