Rate cuts open door for potential opportunity in REITs [Video]

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Higher interest rates proved challenging for many parts of the market, including real estate investment trusts. But now we have central banks cutting borrowing costs. Are the REITs starting to see some better performance?

Joining us now to discuss is Sam Damiani, Director for Equity Research at TD Cowen. And for full disclosure on the companies covered by TD Cowen, a division of TD Securities, please see the website and the links at the end of this video.

All right, so Sam, welcome back to the program. You and I have been chatting about these issues for a while now. We’ve got some rate cuts under our belt from the Bank of Canada, more in the offing. What’s it meant for REITs?

Well, it’s been a positive thing. You think back, the last appearance here was, I think, mid-June, and that ended up being a low. So hopefully, this appearance …