Investment Q&A

Q: Hi 5i. I have held full positions in REI.UN and MRT.UN for what seems like forever, enjoying the yield. With the trend towards on-line shopping I am a little worried about owning shopping malls and am considering selling one of these and replacing it with

Q: Hi 5i team,
Can I get your assessment of FCR's most recent quarter? Appeared to be a bit lackluster to me. Apart from interest rate sentiment that seems to keeping most REIT share prices down, are there any heightened business risks to this company given the type and location of the properties they own? And is the current payout ratio reasonable in your opinion?
Many thanks,
Brian

Q: Hi Pete and Team,
Can you please comment on earning, outlook and valuation of HCG. Is it worth holding this stock?

Thanks

Q: Thoughts please on the quarter and going forward. Insiders sold 30 million dollars according to INK report on TD website but still hold a large amount of stock. Thx

Q: This company price is heading lower yet their earnings are almost $10.00 for the year .they do not seem to have the same problems as Home capital.What is your opinion on this stock.

Q: My real estate exposure consists of CAR.UN. To increase diversity I am considering selling CAR and buying RIT. The MER is on the high side but the short and long term performance, relative to other REIT ETFs or mutual funds, seems justified. Volatility is also relatively low. What is your opinion on my plan and on RIT as a long term hold? Are there any other mutual Funds or ETFs I should consider. The percentage of my portfolio devoted to REITs is not high enough to obtain the diversity I seek by direct investments. I also do not wish to increase my security count by 3 or 4.

Q: In reagrds to your model portfolio update;

Sell full position in BMO Equal Weight REIT ETF (ZRE, NR)
Trade Rationale - We see a few headwinds facing the broad REIT industry. Higher potential rates may make this segment come out of favour while also increasing costs to the REITs themselves. Add in high property values and pressure on retail stores, and we think it is time to be more targeted with any REIT exposure.


I concur and shifted my focus to smaller, higher yielding albeit riskier REITS like PRV which is flat since purchase not including DRIP & NXR just bought. My question is what REIT's would you recomend for this targeted approach and retail concerns, I am familair with some of your more popular REIT suggestions so hoping to hear some diferent names.

Thanks!

Craig

Q: What is your opinion on BPY.Un please? Hold or sell?

Appreciate your comment.
Thank you
Albert

Q: Trying to make a decision to buy a small amount (2.5% weighting) in Cominar. Some points:

The 11% yield is or is not covered by cash flow? Ross Healy on BNN says it is and gave it a top pick.

It has so so buildings in Quebec but does seem to be turning them around. A family owns 5%.

Analysts seem to think that if they cut the distribution (to a probable 6-7%0 the stock would go UP.

Is it a buy? Any other factors I am not considering? Thanks

Derek

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Q: I own no real estate but would like some exposure, other than reits how might you play that sector?

More growth than yield plays -

Q: Why is exe has been going down of late? Is it related to bad news, the sector or higher interest rate? I own about 4.5% of my portfolio.Should keep holding it?

Thanks,

Paul

Paul

Q: Hi,
Recently they are raising equity @ $6.40/ unit. Is this price attractive and reasonable to increase my portfolio position from 2% to 3% or 4% or I wait sometime then add? I checked with my Brokerage bank who is one of the underwriter of this equity issue, and was told they are sold out. Is it one of the indication that their will be less chance of a sell off in the unit price?
Thanks

Q: I'm interested to try and look for a REIT that has exposure (existing or planned) to provinces with low power costs and industrial space near major transportation hubs in the anticipation of this type of space being used for Marijuana related manufacturing. Know of any goodd candidates? If yes, how do you feel about the current valuations?

Q: American REITS are regarded as core holdings of a US income portfolio because of their growing dividend payments. (O, WPC, VTR etc.)
My question is, why don't most Canadian REITS (AAR.UN, AX.UN, HOT.UN, etc.) annually increase their dividends like the US REITS? Most Canadian REITS have been paying the same dividend for years.

Q: I have a question about Slate office rest.Can you comment on the current investment attractiveness of Slate?

Q: Hi

I am looking to move some of my retirement account into things that I consider hard assets (Real Estate, Railways and Utilities etc.). I am looking for 3 REITS that have strong real estate holdings with the least amount of leverage. 2 residential and one commercial. What is your recommendation /

Q: I have a small investment in HCG around $40.Is now a good time to average down, after their August 2nd meeting?

Thank you!

Q: Any comments on the just announced $365 Million acquisitions and the bought deal. Is this a good deal to subscribe to?

Q: Hi Team,
Would you have any concerns about the credit quality of Cominar REIT if you held one of its bonds maturing in July 2020? If not now, what would be the best indicator(s) to monitor to be sure credit quality does not decline and become a concern in the future? At what point would that indicator(s) signal a concern?
Thank you ,Michael

Q: Hi: Some time ago Pure Industrial was favourably mentioned on BNN because about 30% of its holdings are focused on warehousing for e-commerce distribution. An article in today's Globe and Mail also mentions it in this context. I note your comments on AAR have been cautiously positive, but not enthusiastic. Would you mind expanding on the e-commerce linkage? Is it less than it appears? Also, can you point me to other stocks that focus on the development of E-commerce distribution facilities? many thanks.