[talky]

Drop is okay. The yield need to go up to compensate for higher interest rate.

A reits is not very attractive at 3.5% yield when bank is paying 3% FD.

When stoxk price drops yield goes up....and can hit 5% to attract buyers.

So it's good the price drops.

The main problem debt servicing  costs. If maturity of loan js this Yr and next Yr. Then they will incur high cost which will lower DPU.

trade summary shows ALL REITS  much muchmore done on buy side ,buy fr sellers are few.
v negative sentiment