Fynsa
There are still opportunities, but the focus should remain on the search for investment grade opportunities in the region, to the detriment of high yield.
The beginning of the monetary easing cycle will accelerate the transition of portfolios from IIF to IRF. Levels and accruals enhance the value of the short end of the interest rate curve, but UF instruments gain attractiveness, especially between 2 and 5 years.
The sector continues to expand, although adjustments in occupancy and rental rates are observed.
Europe's efforts to reduce its dependence on China may benefit the region.
