Andrew Moff, Senior Vice President and Portfolio Manager at Vision Capital, recently highlighted key investment recommendations in the real estate sector for November 25, focusing on three standout Real Estate Investment Trusts (REITs): Digital Core REIT, GO Residential REIT, and Chartwell Retirement Residences.
Market Overview and Trends
The current outlook for real estate shows strong fundamentals, bolstered by several factors:
- Reduced New Supply: A decline in new construction has led to higher replacement costs, making development financially challenging.
- Access to Capital: Improved lending terms and low leverage ratios among listed REITs are facilitating refinancing and strategic acquisitions.
- Earnings Growth: U.S. REITs recorded a 7% increase in core funds from operations in Q3 2025, surpassing previous estimates.
- Dividend Dispersion: 41% of U.S. REITs and 22% of Canadian REITs have raised dividends this year, while some face challenges leading to potential cuts.
- M&A Activity: Many REITs are trading below their net asset values, creating opportunities for acquisition and shareholder value reconciliation.
- Rate Policy: The U.S. Federal Reserve has implemented two quarter-point rate cuts, indicating a shift towards a more accommodating monetary policy.
Top Picks for November 25
In light of these market dynamics, Andrew Moff’s top picks focus on companies with robust growth potential and attractive valuations.
1. Digital Core REIT
Digital Core REIT, listed in Singapore, is backed by Digital Realty Trust (NYSE: DLR). It owns 11 high-quality data center assets with an impressive occupancy rate of 98%.
- Key markets include Northern Virginia and Frankfurt, both with vacancy rates below 1%.
- Digital Core plans to refurbish a major asset, investing up to US$40 million to enhance its value.
2. GO Residential REIT
Launched in July 2025, GO Residential REIT focuses on luxury high-rise properties in New York City.
- Currently, its portfolio exceeds 2,000 suites, benefitting from low vacancy rates of 0.7% to 1.7% in key Manhattan areas.
- With in-place rents approximately 10% below market rates, there is significant room for revenue growth through rental adjustments.
3. Chartwell Retirement Residences
As Canada’s largest owner of senior housing, Chartwell operates over 25,000 suites across multiple provinces.
- Occupancy is strong at 93.1%, with projections to reach 95% as the leasing season progresses.
- The company has executed significant acquisitions, recently totaling over $1 billion, enhancing its growth trajectory.
Conclusion
Moff’s selections reflect a well-rounded approach to capitalizing on the resilient real estate market. The combination of strategic positioning, ongoing demand, and proactive management makes these REITs compelling options for investors seeking growth in November 2025.
