Sentences with phrase «average discount to net asset value»
Not exact matches
After providing double - digit returns for many years, REITs are now well off the previous highs and trade at an estimated 15 % discount to net asset value (Source: TD Securities) and yielding an average of 7 %, a spread of 2.75 % over 10 - year bonds.
http://www.canadiancapitalist.com/
Historically, closed - end funds have traded for a 4.5 % discount to their net asset value, on average.
It has been pretty «rough sledding» in the REIT market, with major property sectors trading on average today at a 15 percent discount to net asset value (NAV), he says.