This REIT specializes in light industrial properties, mainly located in Canada but with a U.S. expansion strategy. It owns and operates a portfolio of 223 geographically diversified properties comprising approximately 20.2 million square feet of gross leasable area.
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Sell. Original investors have a capital gain of 19.3% plus years of healthy distributions. This type of REIT is out of favour right now, in large part because of fears of a recession. There are many other REITs on our recommended list that are more attractive at this stage.- Gordon Pape
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