skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I hold these REITs in a diversified portfolio. They have not been performing and are mostly close to 52 week lows. Do you see upside in these? What is your view on holding REITs like these? Should I be switching them out for something else or am I being the typical investor considering selling at the bottom :-)
Read Answer Asked by Jacques on January 22, 2025
Q: I have most of our Reits in our TFSA accounts, which I understand really should be for more growth stocks. If I take a position with CHP.UN and put it in our margin account, do you know how much would be Dividend and how much is other income that is taxed differently? Does it make that much difference?
Reits have been out of favour recently and coming to year lows. Do you see this as a buying opportunity, or are you cautionary? Do you see more potential downside?
Thanks so much!
Read Answer Asked by Pat on January 22, 2025
Q: Good Morning
You are recommending continuously DIR.UN as one of your favorite REITs.
I have noted that this Company has not increased their dividend since 2013.
Normally, we have been advised to avoid companies that have not increased their dividends for several years.
Isn't this fact a red flag that DIR.UN should be avoided ?
Thank you as always for your insight.
Read Answer Asked by Terry on January 17, 2025
Q: From recent articles I've read, It appears that sentiment in REITS is shifting from residential and industrial to retail and senior housing.
I currently hold CAR.UN and DIR.UN. I find this hard to believe but should I be considering a switch to REI.UN and CSH.UN or something else that you support?

Carl
Read Answer Asked by Carl on January 16, 2025
Q: Hi Guys
Dream Industrial has been drifting lower all year, and hit a 52 week low. Seems to get no respect and yet everyone says increased Industrial space for logistics centres and data centres etc. are/will be needed. Is anything changed with this company fundamentally? Do you still like it into 2025?

Could you inform me what a realistic book value a share would be? And finally do you see it, like Pure Industrial, as a likely candidate for a takeout by a pension fund or private equity like Pure Industrial?

Thanks

Stuart
Read Answer Asked by Stuart on December 20, 2024
Q: A few weeks ago you wrote: "REITs are quite difficult right now due to how weak the housing market has performed and recent news that the Government of Canada will slow immigration." I find this interesting as from CMHC "Canada needs about 3.5 million additional housing units by 2030 to restore affordability." Overall Canada only had 240,267 housing starts in 2023. So there is still a massive shortfall as the 3.5M works out to about 580,000 per year out to 2030. The numbers don't align with the lower prices seen in REITs. Thoughts? Thanks
Read Answer Asked by Mark on December 18, 2024
Q: InterRent (IIP.UN) announced today that they are stopping their DRIP and are going to ramp up their share buy backs because they feel the units are currently undervalued. The most recent results look pretty good, with growth in occupancy rates, average monthly rent, FFO and AFFO, as well as a dividend increase. Debt to GBV looks OK at about 38%. Yet the unit price has dropped from roughly $18 a few years ago to just over $10 now. The units are trading at about 18 - 19 times AFFO. How does that multiple of AFFO compare to historic levels? Just wondering if this is a good buying opportunity on a cheap stock of a business that is performing pretty well, and now has a yield of roughly 5.5%.
Read Answer Asked by Dan on December 17, 2024
Q: IIP today announced a stronger intention to buy back stock as they feel it is underpriced I assume they would be particularly interested if and when the stock price was below NAV. What is the NAV of interrent? Do you think they would buy stock even above NAV? Do you think this will be a meaningful number of shares purchased in 2005?
Read Answer Asked by arnold on December 17, 2024
Q: Hi Peter & 5i staff

Thanks for answering my recent real estate sector question in which you suggested that Granite could help diversify my sector holdings.

According to a recent Globe and Mail article, would you agree that Granite "will experience tailwinds because it derives most of its revenue from US based assets"? The article focused on how to manage Trump 2.0.

Thanks as always for your timely responses.
Read Answer Asked by Jerry on December 17, 2024
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!