- Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
- Dream Industrial Real Estate Investment Trust (DIR.UN)
Q: Looking to add to one of these REITS in TFSA. Are they each favorites of yours in their respective REIT sectors (Industrial, Residential)? If not, which REITS are your favourites in these sectors? Which sector do you see doing best for growth over 2-3 years assuming rates have peaked and likely decline sometime in 2024?
Thank you.
Thank you.
5i Research Answer:
Yes, we would consider these at the top of their respective sectors. With pressure on consumers (still) and high growth in several industrial areas (such as data centres), we think DIR.UN has better growth potential over the time period noted.