Core Property has updated our forecasts for CNI.
- CNI is an enterprising property funds manager which has benefitted from diversifying into new sectors. Growth in private credit has helped offset weakness in traditional property AUM.
- In the short term, CNI is exposed to conditions in the property sector, volatility in financial markets, and investor appetite for property funds.
- Over the medium to long term, catalysts include market recovery and potential upside from new investments such as data centres (including the investment in ResetData).
- Over the longer term, Core Property maintains a BUY recommendation
Download our report for the full details.