Q: Artis and RioCan are both trading at about a 50 % discount to their NAV. Both pay a good dividend. Would you invest in either one? Would you favour one over the other? Are their dividends "safe"? AX.UN is down nearly a dollar in the last two days. Is there a reason for that? Thanks for your insight.
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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: What is your interpretation of today's first quarter financials.
What is your view of this business going forward.
thank you
What is your view of this business going forward.
thank you
Q: I believe that REAL is officially considered a technology stock, but would you disagree with this assessment? Based on what they do, doesn't it seem like more of a financial?
Q: Would you add to an existing position for dividend 5%+ and hope of recovery back to end of 2019 level in the next 2-3 years? Thanks.
Q: Hi I am concerned with my losses in this stock I paid 18.33 a share should I buy more hold or sell and reason for doing so Thank you
Q: Hi group you recommended I hold CIGI after they posted there first quarter results - the stock continues to weaken (now down 10% since purchase see to be out of sync with rest of marker any idea what's going on with this stock and do you still recommend a hold or time to see and move on ?
Q: Hi, can you comment on MKP's earnings release, and is there risk in continuing to hold these shares. Thanks!
Q: AX.UN,BEI.UN ,CUF.UN ,EXE, ,IIP.UN, PLC, This are my big looser,What is your opinion
and if sell which one or all?
and if sell which one or all?
Q: Bought ZRE in a non-registered account just weeks before COVID. Down 33%. Yikes. Would you suggest waiting it out? And if so - looking at your trusty crystal ball - when would you see share prices for this ETF rising to pre-COVID levels (a year...two years)? Alternatively, is it time to cut my (considerable) losses and invest in another sector (tech, consumer cyclical?) which would have a better chance of seeing a faster recovery? Thanks.
Q: I picked some of FCR.UN today at $11.90/share for my TFSA. I am looking at this trust and thinking it is very cheap now - NAV around $18 and they did OK in April with 74% of rents collected plus they have tenants like Walmart, Canadian Tire, Liquor stores - and located in the bigger cities (GTA). Seems like they would do good long term at this price with a nice yield? I am looking at a 5 year hold at minimum.
Q: Hi - Can you update me on your thoughts about Allied Reit. I am long but am concerned about pressure on commercial real estate (eg companies looking for less space than before due to remote work spaces/office sharing). So I guess it boils down to would you be buyers, sellers or holders of AP.un leaving gain/loss for taxes out of the consideration?
Q: Latest thoughts on WD?
Q: is the dividend safe
Q: I am looking to purchase another REIT or two for my TFSA. I currently own AP.UN. I have been following the discussion about car.un and dir.un as two of your favourite reits. My question is; do you think that they are currently overvalued compared to bpy.un which morningstar indicates is undervalued by 53%. would you not buy bpy.un? any other suggestions are greatly appreciated
thanks
thanks
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RioCan Real Estate Investment Trust (REI.UN)
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H&R Real Estate Investment Trust (HR.UN)
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SmartCentres Real Estate Investment Trust (SRU.UN)
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Allied Properties Real Estate Investment Trust (AP.UN)
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Granite Real Estate Investment Trust (GRT.UN)
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Plaza Retail REIT (PLZ.UN)
Q: I would like to reduce my exposure to REITs and reallocate to other sectors. Considering selling some of these 6. I have a long term focus - 5+ years, looking at total return over that time. May I have your opinion of these in order from best to worst for total return for a long term hold. I'm assuming all will get through this economic disruption OK. AP.UN, GRT.UN, HR.UN, PLZ.UN, REI.UN, SRU.UN. Thanks.
Q: Following are your comments from Nov 2019
November 05, 2019
5I RESEARCH ANSWER:
STWD is priced well at 12X cash flow; BRX is cheaper at 11X. O is twice as expensive, at 24X. O has had much better growth in cash flow, the question is whether its premium valuation is worth it. BRX wins the momentum contest this year. With a 61% payout ratio, we would consider it for one with a good valuation, 'some' growth and good momentum.
..............................................
Please comment on your current view of BRX.
What is the payout ratio.
How do you view the "integrity" of the dividend.
How do they compare with STWD and O.
Thank you
November 05, 2019
5I RESEARCH ANSWER:
STWD is priced well at 12X cash flow; BRX is cheaper at 11X. O is twice as expensive, at 24X. O has had much better growth in cash flow, the question is whether its premium valuation is worth it. BRX wins the momentum contest this year. With a 61% payout ratio, we would consider it for one with a good valuation, 'some' growth and good momentum.
..............................................
Please comment on your current view of BRX.
What is the payout ratio.
How do you view the "integrity" of the dividend.
How do they compare with STWD and O.
Thank you
Q: Morning guys :
Please comment on recent quarter
Thx
Mark
Please comment on recent quarter
Thx
Mark
Q: Can we have your take on results for these two companies?
Q: What are your thoughts on BAM's move to help retail with a 5B investment. I'd imagine its only helping companies that are its tenants so that it may prevent some large vacancies. Are they taking equity in these retailers for lending them money? Didn't BAM do this in 2016 with Rouse and 2018 with GGP and both were bad moves? Struggling to see how this is a good move, retail is a nightmare and for good reason.
Q: Can you please comment on recent earnings. I was suprised the dividend was maintained. Do you see the 5 billion $ fund by BAM to invest in retailers a way for them to support BPY ? Thanks.