Q: Peter; My wife and I own smu.un at cost of $7.89- yield is about 3.59 at current price -late 70’s- would you think a switch to the new issue of DIR.UN be advantageous? Big capital gains of course and who knows what the Libs may do . Thanks.Rod
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: I've owned Chartwell for several years. The distributions have increasingly become a Return of Capital with last year's being over 99%. Comment.
Q: Hi Guys
In regard to Tricon obviously most of the homes they bought in the USA after the 2008 crisis have gone up significantly in value. On Tricon's balance sheet would the original cost be reflected or what they are now all worth? Just trying to get an idea of possible upside in terms of book value. Also in regard to Tricon it seems over the years management have bumped around a bit in terms of what the company focuses on in terms of real estate investments. Do you think going forward they have found a focus that should deliver results? Also in comparison to the Industrial REIT's, like Dream or Summit, how would you rate Tricon - better or worse value and upside?
Thanks so much
Stuart
In regard to Tricon obviously most of the homes they bought in the USA after the 2008 crisis have gone up significantly in value. On Tricon's balance sheet would the original cost be reflected or what they are now all worth? Just trying to get an idea of possible upside in terms of book value. Also in regard to Tricon it seems over the years management have bumped around a bit in terms of what the company focuses on in terms of real estate investments. Do you think going forward they have found a focus that should deliver results? Also in comparison to the Industrial REIT's, like Dream or Summit, how would you rate Tricon - better or worse value and upside?
Thanks so much
Stuart
Q: I just sold BPY which I held in my RRSP. Can you suggest a replacement company or ETF in the Real Estate sector which would provide a good payout and some growth.
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Canadian Apartment Properties Real Estate Investment Trust (CAR.UN $45.01)
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SmartCentres Real Estate Investment Trust (SRU.UN $25.79)
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Chartwell Retirement Residences (CSH.UN $17.93)
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NorthWest Healthcare Properties Real Estate Investment Trust (NWH.UN $4.92)
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Slate Grocery REIT (SGR.UN $14.46)
Q: Hello, I currently own CAR.UN, CSH.UN & NWH.UN for income earning
REITs.in a RRIF account. Considering adding SGR.UN or SRU.UN. Which one with a brief why.
Thanks
Roy
REITs.in a RRIF account. Considering adding SGR.UN or SRU.UN. Which one with a brief why.
Thanks
Roy
Q: GRT.UN has been range bound between $75 to $80 for about 8 months. Do you see any catalyst that would break this trap? If I were to sell GRT.UN, do you have any REIT you can recommend with similar yield but more growth opportunity? Thanks.
Q: What are your thoughts on taking a position in CoStar? They seem to be the fuel companies need when making real estate decisions.
Q: Hi Guys
Can you comment on the above Company, and do you see it as a good long term Hold
Thanks
Can you comment on the above Company, and do you see it as a good long term Hold
Thanks
Q: Hello!
I am underwater on my First Capital Realty shares (currently yielding 2.62%) and considering replacing them with Choice Properties REIT units (currently yielding 5.43%). Doing so would double my income from this position. My thinking is that CHP's income profile is more stable than FCR's. What are your thoughts on this trade? More importantly, would you make the switch now or wait for the economy to open up more? Once vaccinations are rolled out and the economy more or less returns to normal, does FCR's share price have more upside than CHP's? FCR's share price has rallied more in recent months.
Thank You!
I am underwater on my First Capital Realty shares (currently yielding 2.62%) and considering replacing them with Choice Properties REIT units (currently yielding 5.43%). Doing so would double my income from this position. My thinking is that CHP's income profile is more stable than FCR's. What are your thoughts on this trade? More importantly, would you make the switch now or wait for the economy to open up more? Once vaccinations are rolled out and the economy more or less returns to normal, does FCR's share price have more upside than CHP's? FCR's share price has rallied more in recent months.
Thank You!
Q: In my unregistered account (focus on low-debt, low volatility, dividend payers, and about 1/3 of total portfolio) my only real estate exposure is CRT.UN (5% of account, 1.8% of total portfolio). I have similar level of investment in CTC.
Would it make sense to replace CRT.UN with BAM.A, realizing that BAM would have much more than real estate (I have quite a bit of other renewable power elsewhere) and I'd be giving up around 3% dividends in the move.
Or a different REIT?
Time horizon 5 - 7 years.
Thanks for all your advice & guidance.
Would it make sense to replace CRT.UN with BAM.A, realizing that BAM would have much more than real estate (I have quite a bit of other renewable power elsewhere) and I'd be giving up around 3% dividends in the move.
Or a different REIT?
Time horizon 5 - 7 years.
Thanks for all your advice & guidance.
Q: Do you know the timeline for when this deal will close? I plan to take the cash offer but was wondering if there will be another quarterly dividend payment?
Thanks.
Thanks.
Q: I tend to like boring predictable companies. As far as U.S. self storage companies go, how would you rate NSA on the NYSE. Are there others you would prefer.
Q: Do you like SPG ? Is it a good time to buy now? Thank you.
Q: In a recent answer to Ed you recommended this company as one of the top Canadian REITS that hold US properties ("Tricon (TCN) would be the top of the list." ). However, when I took a look, it is today $12.86, and 5 years ago was 12.00 so not much capital appreciation. The distribution is only 2.2%. It has been the same ($.07) for 5 years, and was one cent less ($.06) for about 5 years before that. In light of what seems to me very lacklustre performance, what makes you put this at the top of your list? Thanks!
Q: With dividends paid to date, I will end up about even if I sell today. Should I hold for BAM's final offer to be accepted, or head for the exit now?
Q: Hello, what’s with the price action of BPY.un at the open? I thought the price would have gone up to about 22.80, given the final offer of BAM. Thanks.
Q: Insiders are now buying at Artis prior to the proposed Sandpiper takeover and new (risky?) business plan. I own a sizeable position that is underwater, but the dividends have put me ahead overall. Should I hold or look for an exit?
Q: In what circumstances should an investor hold a REIT ETF? Does it make sense to hold an income stream such as this in an RRSP that you are looking to grow long term?
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H&R Real Estate Investment Trust (HR.UN $11.89)
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Artis Real Estate Investment Trust (AX.UN $7.73)
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Tricon Residential Inc. (TCN $15.34)
Q: I have found that my Canadian listed REITS that held US real estate have done rather well. and have been absorbed by larger US entities. May I please have your top 3 or 4 REITS that are listed in Canada and that hold US properties?
With appreciation,
Ed
With appreciation,
Ed
Q: You guys seem to like Dream Ind. Reit alot these days, would that be more for it's distribution or Capital appreciation? I do like it's yield but i waa hoping for some decent price appreciation also over the next five years roughly, thanks.