Canadian REIT Valuations May 9, 2025
Quick Update During 1Q25 Earnings Season
Canadian REITs have delivered a +1.7% ytd total return (XRE to 5/9/25) with negative returns in Office and Industrial balanced by mixed performance in Multifamily, and mostly positive returns in Retail and Diversified. REITs have not seen any panic selling and 19 have positive ytd returns. Returns for US investors have been enhance…