Investment Q&A

Q: Hello,

Can you please provide few recommendations for US REITs related to data centers for AI as well as logistical infrastructure for warehousing for companies like Amazon.

Thank you!

Q: Can you comment on their most recent earnings, thank you

Peter

Q: Hello 5i team

Dream Industrial is like a falling knife. What can stop this southward drift?

Thank you

Q: Can you please comment on Nexus Industrial REIT third quarter 2024 financial results and on their payout ration, dividends safety, expected growth, and in relation to piers, etc. Thank you.

Q: Is there any reason for the recent drop in CAR.UN and is it still worth holding for longer term?

Q: Please comment on latest results and going forward.Dropped 3% today after Q. TYxs for u usual great comments & views

Q: Your thoughts on latest quarter for MRG.UN please. I have owned it for about a dozen years and like the higher yield I get than from other residential reits I own, which seems based not on risk but perhaps on large ownership position by morguard corp - do you agree? Can you explain how they can have a payout ratio below 50% when we are told that reits must payout the bulk of their cash flows or risk paying corporate taxes. And with their payout ratio having been much lower than most other reits for years can you further explain what they have been doing with these funds that they haven’t been forwarding on to shareholders. The dividend growth has been modest and sporadic and I don’t recall that many acquisitions or significant buybacks. Thanks.

Q: Hello,

I own KMP.UN and just received a large package from them requesting I vote for or against.

They are asking shareholders to approve the plan of arrangement as Appendix E.

I made an attempt to go through it and understand what they were proposing but admit it wasn't clear to me.

Could you please clarify what they are asking shareholders to vote on and interpret it for us in simple talk.

With thanks


Sheldon

Q: I had asked a question about boardwalk selling off recently and you mentioned oil price sensitivity in Alberta and while it has sold off slightly more than peers the entire group has gotten crushed pretty much straight down for the past 6 weeks despite rates trending down (probably at or more than expected) in Canada. Why are these names selling off? I don’t get it. Thanks

Q: Please comment on BTB.UN recent Q report. Thank you!
James.

Q: Hi,

Your comments on Allied's results ?

Thanks

Q: In the last decade I have always owned a number of REITS as part of the conservative/dividend portion of my portfolio, but I have gradually sold them off the last few years as interest rates rose and performance tumbled. My question: can you recommend any REITS from across their spectrum that feature a solid dividend - hopefully 4% + - and gradual stock appreciation. I'm not looking for smoke bombs and lasers price appreciation! Thank you.

Q: Hello 5i Team

I currently own European Residential REIT (ERE-UN), however I wish to sell it before year end with the uncertainty of what will happen after the special distribution and reduction in dividend (i.e. to many moving parts).

I want to replace it with either of the TSX listed US dollar REITS

BSR REIT - HOM-UN
Dream Residential - DRR-UN -UN,
Flagship Communities - MHC-UN

or add to my existing holdings of Inter Rent (IIP-UN)

1 - What would 5i suggest and if the US dollar REIT, please rank in order of preference?

2 - If I go with the TSX USD reits should I buy them in Canadian Dollar or US dollar (as they trade in both currencies on the TSX)? I am thinking I should go with Canadian Dollar as it will make the annual ACB calculations easier (my reits are held in a taxable account).

Thanks

Q: Hi there. As always, I appreciate your insight into stocks and have really benefited from your advice over the years. My question today is about the company EPRT- who own and manage primarily single-tenant properties leased to middle-market companies. With rates slowly coming down and wanting to have some exposure to real estate would this be a name you would consider going forward? Looking at a minimum 2-year hold and adding on weakness.

Thanks

Q: With the BoC dropping interest rate the REIT sector should have triggered a rebound. That has not happened yet. Do you have a theory as to why? Thanks.

Q: I am baffled by the decline in Car.un from $56 to $48,with declining interest rates.Can you shed some light on this?

Q: Why has boardwalks unit price cratered over the past month or two especially considering sizeable interest rate moves lower (even at or anbove expectations). I know boardwalk trades at a premium to the group but I thought this was due to outperformance and lack of rent controls. Just wondering if this is now a good opportunity to add again? I own relatively large positions in Boardwalk and especially Killam in the sector. I don’t own any real estate myself so I have used these as a proxy. Thanks!?

Q: I was considering A switch from ZRE to Rmax for my RIF. What would be your opinion? Thx, James

Q: Hi! Wondering if you are still positive on Interrent. Can you please comment on how this company is doing and if you see it as a buy, hold, or sell. With interest rates being lowered do you see this stock improving?
Thank you!

Q: Your thoughts on RioCan REIT.
Thank you