Canadian real estate investment trusts are going to have a hard time outperforming the broader public market because of investor distaste for retail assets, according to a new investment bank report.
CIBC World Markets says Canadian REITs could deliver 0% to 10% total returns in 2018, based on 3% cap-weighted average funds from operations growth and 5% average yields that are mostly flat.
"It seems likely that 2018 will be another stock pickers...
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