Investment Q&A

Q: If you have to choose only ONE, highest conviction Canadian REIT in your forever account (dividend not important, growth and longevity very important) which one would it be. I am thinking of CAR, but I want your opinion before committment.

Q: Can you please provide your thoughts long term potential for TCN and comment on current valuation?
Thanks

Q: The Dividend is pretty high. Is it safe? Thanks!

Q: Any preference between these two ?

Q: having extra shares in hr.un reit i see they have a GAP AT $10.30 in your opinion should i expect it to drop this hard ? i realise anything can happen just thinking about cashing a bit and waiting would suck to see it go that far down but eventually should see 15 to 16 in half normal world.

Q: At today's levels, any preference between IIP and CAR.UN? Thanks.

Q: I have held Allied Properties for many years. Since it appears to be invested in office buildings, would it still be worthwhile holding in this present environment or should it be sold and the funds be reinvested elsewhere ? Even at present price I am well rewarded.
Vi

Q: I don’t know if this appropriate. But here goes. Today you answered my question. If you have access to my question.it will save me repeating it again. To reduce risk I have sold my position in BPY.UN at a profit. Looking at the portfolio I would appreciate any addition you would make to this portfolio either new or adding to existing position

Q: I bought this one the other day for no other reason than it was going up which it's continued to do. I like it because it has not yet recovered to pre-covid prices. What do y'all think? Thank you.

Jason

Q: This is a follow up to an earlier question. I was in touch with WPT Industrial to clarify their dividend payout etc. Their response shared that their current ROC portion of the dividend is 77.08 percent. This seems very high to me and I'm hoping you can provide some context for this number from your experience. For example, is this a normal amount for income trusts; does this not effectively reduce the value of the dividend since your adjusted cost base will continue to drop. Anything else you can add will be helpful. Thanks, Don

Q: Hi Peter & 5i team,
We own Rio Can REIT and are thinking of trading for H&R REIT. What do you think of this trade ?
Thank you for your opinion

Q: I would like your opinion re this trust for a long term hold. I find the dividend/distribution quite attractive. Is it safe now given Covid

Q: For Canada, US and international exposure, is there just one, or do I need a few?

Q: I currently have a loss in HR.UN in our unregistered account and would like to harvest the loss and replace this stock with a similar REIT which has also suffered during this downturn. Which Canadian REIT would you recommend? Thanks!

Q: I have put together a portfolio of 11apartment and industrial REITS along with ZRE when the market was very low in April. I excluded NVU.UN because I thought it was going private and not going to be a public trust. Am I wrong here? Will the identity trade? Thanks in advance david

Q: Between the two, which do you favour most and reasons.

Q: What is your take on first quarter results.
What is your view going forward.
thank you

Q: I'm looking to add some REITs to my portfolio. Could you comment on the following REITs? Would you suggest holding all 4 as they have different holdings? If not, could you provide a ranking of your selections?

Q: Would you consider NWH.UN a reasonable replacement for SIA as an income stock. I sold SIA early last week. Thanks

Q: Hello Gentlemen,

Yes, I know it's extensive but these are my holdings in the REIT space. Most of these I collected from positive questions over the months and years in the 5i Q&A section of the site.

The world has changed greatly and the handsome paper profits on many of these holdings became flat at best and major losses at worst. The combined names account for 13% of my total holdings and of the 13%, 80% of these are held in our RRIF's.
I don't trade REITS I usually buy and hold. However given how the world has changed and will change further in the office segment, the residential renting segment, etc etc, could you take a long hard look at them and tell me very frankly which you would sell and if there are any I am not holding that you would replace the 'sell' ones with. Although I think my holdings are broad enough.

Would appreciate your frankness.

Here is what I hold in the REIT segment and whether I am positive or negative on each holding.

TCN (-14%), NWH (+10%),BRE (-40%),CAR (-3%),DIR (-26%),HR(-58%),IIP(+11%),SMU (+13%),KMP(-1%),SRU (-40%), SIA, WPTIF

Sheldon