-
FirstService Corporation (FSV)
-
Choice Properties Real Estate Investment Trust (CHP.UN)
-
Dream Industrial Real Estate Investment Trust (DIR.UN)
-
Real Estate Select Sector SPDR Fund (The) (XLRE)
Q: Seasons Greetings to all at 5i, and fellow members as well!
Our Real Estate holdings include DIR.UN, FSV (thank you 5i for this stellar pick!), and XLRE. Portfolio Analytics indicates that we should increase weighting. I was considering adding to DIR.UN, or starting a new position in CHP.UN. If this was your portfolio, what would you do, or is there even a better opportunity? Thanks as always.
Our Real Estate holdings include DIR.UN, FSV (thank you 5i for this stellar pick!), and XLRE. Portfolio Analytics indicates that we should increase weighting. I was considering adding to DIR.UN, or starting a new position in CHP.UN. If this was your portfolio, what would you do, or is there even a better opportunity? Thanks as always.
5i Research Answer:
We would be comfortable with CHP.UN or DIR.UN. For diversification, we would suggest CHP.UN if an investor already owned DIR.UN. CHP.UN is larger and we like its stable anchor tenant. GRT.UN also looks good if one wants to diversify further.