Michael Brooks, CEO of REALPAC, participated in a video interview at Nareit’s REITworld: 2018 Annual Conference in San Francisco.
This year marks the 25th anniversary of the listing of the first REIT on the Toronto Stock Exchange. Brooks reflected on the milestone and pointed out that Canadian REITs have had a cumulative average growth rate of more than 10 percent in the last 25 years. During that time there have been “zero crash and burns” he added.
Looking ahead, the challenge is to maintain growth in a rising rate environment, he said.
from News https://www.reit.com/news/videos/realpac-ceo-reflects-25-years-listed-canadian-reits
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