RBC REIT analyst summarizes 2024 so far, reiterated top picks

News Snapshot:

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow RBC Capital Markets head of global real estate research Pammi Bir reviewed the sector so far in 2024 and reiterated top picks, “Our view: Our Outperform ratings are intact and include Allied, Boardwalk, BSR, CAPREIT, Chartwell, Colliers, Dream Industrial, FirstService, First Capital, Flagship, Granite, InterRent, Killam Apartment, Minto Apartment, Morguard Residential, RioCan, SmartCentres, and StorageVault. Big picture, a good start to the year. Underlying results delivered decent earnings growth, as organic NOI growth continues to track near-record highs. Indeed, fundamentals across the majority of property...