10 Stocks We're Watching for the Rest of 2022
The Canadian Investor
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REIT Debt Levels - Is That Really Important?
The company has a 25% leverage ratio, which essentially just their debt versus the value of their real estate assets. It's trading at about 20 times funds from operation currently, which is really close to what it was trading around the pandemic when it started in 2020. Their unsecured debt is rated investment grade by Moody's, which is not the case for all real estate investment trusts.
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