Investment Q&A

Q: Hello Peter and Team,
As a retired,long term income investor, I purchased WIR.U on the TSE only to eventually find US withholding tax was taken off the dividend payment.I sold immediately. How common is this for a TSE stock and how can I avoid this in the future?

Q: Would you please give me your opinion on Australian Income REIT(hrr.un).Thanks.

Q: I'd appreciate your views on Pure Industrial AAR.UN. I have held it for a while but it doesn't seem to be reviving.

Q: Do you have any information on INO.UN.? It is starting to look interesting from a technical basis, so now we would like a look at the other side of the coin.

Q: Hi Peter
In reviewing the Q&A, the last (and only?) comment that I can find on True North REIT (TNT.UN) was February 13, 2013. What is your opinion of this REIT at this time, for a long term hold? (5 years). Would you please address the fundamentals of this stock as well as comment on the viability of its 9% dividend yield. Can such a yield be truly sustainable over the long term?

Q: RUF.U
Hi team. You answered a question on this stock (Pure Multi Family REIT) about a year ago. Could I get an update please?
Thanks Jim

Q: Peter; Could please update your August comment on DIR.UN after their latest earnings ? Thanks. Rod

Q: Hi 5i,

I own a small position on CUF.UN currently down 25% from purchased price. Is it a worthy holding for long term? Thinking either to add more or just take a lost. You commend will be very much appreciated. Thanks!

Q: Good Morning 5i,

Till more funds become available for me to invest I’ve decided to strengthen my portfolio fundamentals one sector at a time, starting with the REITs.

I currently own Senior Housing Properties Trust (SNH), RioCan Real Estate Investment Trust (REI.UN), Northern Property Real Estate Investment Trust (NPR.UN), Lexington Realty Trust( LXP), HCP In. (HCP), Dundee Real Estate Investment Trust( D.UN), Cominar Real Estate Investment Trust( CUF.UN), Chartwell Retirement Residences (CSH.UN) , Calloway REIT (CWT.UN).

I am willing to sell a couple of my holdings and buy H & R REIT and HealthLease Properties REIT. Your suggestions please, along with any other ideas you may have.

As always your help is appreciated.

Q: First, I would like to thank you for this incredible service, i.e. the opportunity to ask an investment question.

BPY is acquiring BPO. Which would be more prudent, accept the offer by BPY to exchange my BPO shares for an equivalent BPY or sell my BPO shares at 20.34/ share, which is higher than my purchase price. What are the future prospects for BPY and REITS in general. After the sell-off in May (QE taper scare!), many REITS are moving up but they are still a long way from their highs.

Thank you!

Q: Greetings, Peter and Co. I have held Melcor (MRD) long enough to enjoy the sgrowing semi-annual dividend, now at $0.50 or 2.46%. There were special dividends of $0.50 in 2013 and $0.10 in 2005. While the yield is adequate, would there be an alternate company in the sector that you would consider a better investment?
With appreciation.

Q: Hello Peter and company, my complimednts to your highly infomative site!
My question is: should I hold on to my shares of NWH.Un?
what is your opinion on this company?
Thank you, cheers Heidi

Q: PLZ.UN

Recently converted to a REIT and also purchased KEY REIT into their holdings. What are your thoughts going forward about this new REIT.

Thanks

Q: REF.UN

Has come back since your October comments. Does this REIT have a good history of dividend increases. What are your thought going forward with this stock. Thanks

Q: Peter et al,
I bought Dundee Real Estate (D.UN-T) at around $30 plus. It sat below that for a while but has crept up to $29 plus. It has been disappointing. What is your opinion on it now? The dividend is decent but I don't want to hang onto it if it is going to just creep along.
Gary

Q: Hello 5iTeam, last question about Boardwalk (BEI.un) was in June. Is your opinion still the same? Is there a better REIT out there? Thanks, Gervais

Q: Hi - any comments on the financing deal by RLC today? thanks

Q: Please comment on the results for MKP (MCAN).Thnkyou.

Q: Re: Owning Rental property vs. REIT's
Hi 5i,
If you feel that this holds no value for the members, don't worry about posting it. My preference is for holding REIT's and this is as a direct result of having been a landlord. We bought a rental property that had long-term tenants. For the first year or two, things went very well, but then the bread-winner in the family developed a mental health issue and things went very poorly. Even though (or perhaps because) the house was only a block away from our house, the issues piled up and the stress in dealing with the tenants (whom we thought of as friends by this point)became overwhelming. Then, unexpected job insecurity at my workplace. Long story short: we sold. While we did not lose money, we didn't make a bundle either, but the stress (for us, anyway) of being landlords was more than we were comfortable with. REIT's, on the other hand, offer far more peace of mind and stability. I appreciate that for every negative story about direct ownership there will one or more positives - but I thought I would share this story and point out that with ownership comes a greater vulnerability to the unexpected. In our case, both "macro" and "micro" issues. You have to know yourself very well to be able to manage these challenges. Best of luck to Andrew either way!
Cheers,
Mike

Q: Hi, I am retired and own 5 reits amongst others. MRT.UN represents 2.48% of total portfolio.I can't understand the lack of coverage by investment professionals regarding MRT.UN. I think this reit should be regarded as a good investment for retirees looking for income and a bit of growth.
Your thoughts, please