Subject: Re: OT reits
This was an article in CNBC over the weekend

https://www.cnbc.com/2023/04/0...

There was a hedge fund which made about 2BN+ betting on the mall crash pre-COVID. So its a bit of common knowledge
- although I think that's where the contra effect has been - ie post COVID - people have been thronging malls again.
But footprint has shrunk - and long term - likely going to persist.

The Office /Commercial also likely to converge into some sort of plateauing - ie some buildings ( esp the very pricey ones) - are possibly not coming back.


Mark - I am sure you know - all REITs are not equal - since you own a diversified fund - find out its exposure etc. You can find global RE and Mortgage REITs too -
not saying they are great - but in some sense there are options