- Allied Properties Real Estate Investment Trust (AP.UN)
- Dream Industrial Real Estate Investment Trust (DIR.UN)
Q: Looking at a 3 to 5 year timeframe - please compare the two companies and advise which one you would buy and why..
Thanks. ram
Thanks. ram
5i Research Answer:
AP.UN is $2.4B market cap, 9.68% yield, Price/Cash flow 8.5X, minimal per unit cash flow growth predicted, payout ratio 79.4%.
DIR.UN $3.5B market cap, 5.67% yield, P/CF 12.4X, 9% growth expected, payout 70%.
DIR.UN is more expensive but growing faster, and we do like the industrial sector much better right now. We would side with DIR.UN.