NPRUF - Northview Apartment REIT: Where Did The Growth Go?
Northview Apartment REIT (NPRUF) has been our top pick among REITs for two consecutive years. When we last covered Northview, we concluded:
Northview is the only apartment REIT we own, and we have no desire to let go of it. The stock has underperformed its peers, although a 10.5% total return puts it in the top quartile of all Canadian REITs. 2019 should shape up to be a banner year, and Northview should get its long-awaited rightful multiple.
We also gave it a target price of $35 CAD. Since we first mentioned