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Compiling comments that experts make about stocks while on public TV.

2016-12-15

Opinion for Crombie Real Estate Investment Trust (CRR.UN-T)

Signal Price Bias Subject Owned
HOLD $13.360 SELECTIVE REITS, GLOBAL & MACRO STRATEGY Unknown

The volatility is a reflection of the broader real estate sector.  It has to do with the threat of rising interest rates.  They can benefit from underlying growth in Sobeys.  This REIT is not very affected by EMP-T’s difficulties in integrating Safeway.

Andy Nasr
VP & Investment Strategist, Sentry Investments

1 Comment

utiac

December 16th 2016 at 8:11am

Except when Sobeys decides to close Safeway stores that are not performing as expected (their own mismanagement) and Crombie Reit has to look for tenants and/or redevelop.


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