Q: Why has boardwalks unit price cratered over the past month or two especially considering sizeable interest rate moves lower (even at or anbove expectations). I know boardwalk trades at a premium to the group but I thought this was due to outperformance and lack of rent controls. Just wondering if this is now a good opportunity to add again? I own relatively large positions in Boardwalk and especially Killam in the sector. I don’t own any real estate myself so I have used these as a proxy. Thanks!?
5i Research Answer:
BEI.UN is still considered an 'oil sensitive' REIT because of its Alberta focus. The energy...