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5i Recent Questions
- SSC Security Services Corp Com (INP)
- Northview Apartment Real Estate Investment Trust Trust Units (NVU.UN)
Q: Have risks regarding the takeover increased lately, what concerns need to be watched? As a shareholder what action do you advise at this time? Same question on both of these companies.
- Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
- Boardwalk Real Estate Investment Trust (BEI.UN)
- Northview Apartment Real Estate Investment Trust Trust Units (NVU.UN)
- InterRent Real Estate Investment Trust (IIP.UN)
- Killam Apartment Real Estate Investment Trust (KMP.UN)
- Morguard North American Residential Real Estate Investment Trust (MRG.UN)
- Minto Apartment Real Estate Investment Trust (MI.UN)
Q: Hello 5i Team
Thank you for the new update on Interrent REIT.
Reviewing the new report on Interrent REIT, the Peer Relative Evaluation section compares Interrent against ten REITs, however only two of the ten REITs (CAR.UN & NVU.UN) are in the residential apartment sector.
1 - Please comment on how companies are selected for the Peer Relative Evaluation section.
2 - Would it be more appropriate to compare Interrent against the major residential apartment REITs (BEI.UN, CAR.UN, KMP.UN, MI.UN, MRG.UN, NVU.UN) than to the Office, Industrial, Retail REIT section?
3 - Also given NVU.UN is subject to a takeover, is this a reasonable comparison?
Thanks
Thank you for the new update on Interrent REIT.
Reviewing the new report on Interrent REIT, the Peer Relative Evaluation section compares Interrent against ten REITs, however only two of the ten REITs (CAR.UN & NVU.UN) are in the residential apartment sector.
1 - Please comment on how companies are selected for the Peer Relative Evaluation section.
2 - Would it be more appropriate to compare Interrent against the major residential apartment REITs (BEI.UN, CAR.UN, KMP.UN, MI.UN, MRG.UN, NVU.UN) than to the Office, Industrial, Retail REIT section?
3 - Also given NVU.UN is subject to a takeover, is this a reasonable comparison?
Thanks
Q: A different newsletter commented that the deal with Starlight could get scuttled if even one of the Northview lenders does not consent. Thus the discount from current unit price to takeover price. Would you sell now? or do you see the deal happening? Thanks Ron
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