Investment Q&A

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

Q: I am looking at Chartwell (CSH.UN) and wondering if the stock has been unfairly punished by the terrible issues that Sienna and other LTC facilities have experienced. Apparently Chartwell is a well managed company and it only has about 10% of its facilities in LTC. I am thinking to buy CSH at the current low prices. I would appreciate your thoughts and guidance.
Thank you, Patrick

Q: Morning 5i,

Looking to diversify our portfolios
Longterm hold.
Wanting to add a real estate position(s)
Obviously we could go up or down due to covid and a rougher than expected recovery.

Looking for advice on which to do first.
ETF, such as above OR pure play such as CAR.UN?
Which is a huge portion of XRE anyways.
*your top rec's in this sector would be greatly appreciated as well.

Understanding the risks and dynamics our thought was adding an attractive pure play at lower valuation and then the reit assuming it may be depressed for a longer time period.

Looking forward to your advice and thank you for the great stuff here! The info is tremendous.

Q: Has the dividend on the new entity been announced yet? If so, how much and if not, when do you expect it? Thanks.

Q: INTERRENT REIT HAD AN OFFERING RECENTLY. WHAT WAS THE PRICE AND IS OR WAS IT AVAILABLE TO THE PUBIC OR JUST PRIVATE INSTITUTIONS? CASH FROM THE OFFERINGS, WAS IT A GOOD THING OR NOT? WHAT IS THE REAL ESTATE THEY WOULD BE BUYING WITH THE CASH/

Q: Do you know why we got a 6%+ drop in this name on Friday? Did I miss something? Thanks for your help.
Dennis

Q: Do you have any information about how Chartwell is faring in the present crisis, compared to other companies in this industry? Are any of its residences among the 5 disaster cases in Ontario? What about in Quebec and the other provinces? In other words, is there information available that lets us assess how a particular long-term retirement residence company is doing relative to the others?

Q: I’m under water in this name. Do you recommend selling ,or do you see recovery in a year to 18 months. I’m wondering if I quite likely would be selling at the bottom. Also, do you know if there have been any significant complaints against the company?
Thank you.

Q: I hold this company and would appreciate your view on it as a buy/hold/sell at the present moment and supporting argument for this opinion. I know that while this is a Canadian company all its holdings are in the US and it pays its dividend in US dollars. I was surprised to learn that those dividends are subject to a US withholding tax. However, I believe that since this is held in a non registered account, the taxes can be recovered at tax time. Am I correct in this regard?
Thanks, Don

Q: What in your estimation would constitute a buy signal for BPY? Thank-you.

Q: I have significant realized losses in my non-registered account. I would like your recommendations on income producing securities that have a high level of ROC. I use this account for income and understand that ROC will be treated as a capital gain and therefore could be deducted from my losses before I would need to pay any tax.
Thanks
Rob

Q: Hello,
I wanted to get your thoughts (do you like the space) on Invitation Homes. Debt is on the higher side but it's an interesting concept that is meeting changing lifestyle demands by providing access to high-quality, updated homes with valued features such as close proximity to jobs and access to good schools.
Thank you,
Glen

Q: Hi Team, Thoughts on the Inter Rent equity offering please. Would you be a buyer of this REIT. I was thinking this could be good news that they will have the cash available to scoop up some bargains in the next year.
Rob

Q: What is your opinion and outlook on the above noted REITs? Is now a good time to buy? If you where to get into REITs now what order would you put the above companies in?