The fall in REITs continues but embassy continues to fall, to a higher degree. I am part of various REIT specific whatsapp groups and there is panic, esp from people who are at 10-20% average, higher than the current price. In the meanwhile, the price action continues to be weak, esp in Embassy. A cocktail of factors (enumerated above) seems to be drowning it and I am not sure where it is going to halt…
PS – Adding small quantity in every fall but …with some degree of fear. The only thing that makes me think is this factor – look at the investors, who would hv loaded up when IRB Invit fell between 2017-2020 (different sector, different style compared to REITs but.,)
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