Investment Q&A

Q: Re Comments from Richard on Oct27 about proceeds of WPT buyout. From what I read the special dividend is meant for US/foreign holders not canadians. I expected capital gain only. Could you clarify? Thanks.

Q: What would you buy to replace WIR.UN. With a similar buy ? some suggestions with options and rational would be appreciated ( CAN ALSO BE CANADIAN)
thanks
yossi

Q: Assuming the early Oct. vote approves the purchase of these companies,when are the transactions scheduled to occur?Thanks for the info.

Q: Hi,
Can you tell me what type of account is generally best to hold US REITs, from a tax perspective?
I hold these 4 Canadian REITs (TCN, WIR.U, DIR.UN, SMU.UN) and am interested in several US REITS. I've been considering AMT, CCI, EQIX, DLR. Can you comment on these and suggest a few others.

Q: I'm confused. Which one is being bought out by Blackstone. What's the difference between to two.

Thanks, John.

Q: I currently hold Wir.u shares. With its impending sale what would you suggest buying to replace it ? I already hold Dir.un. Thanks Joe

Q: Hi, your thoughts on their earnings please. They looked decent to me but the stock is selling off? Thanks.

Q: Hello. WPT seems to be languishing and has done so for some time. Is this worth holding for some better days?

Q: Hi, I have sold CSH and would like to buy some industrial real estate. What do you like better between WIR and DIR and why? Are they similar in price and growth/what are the metrics you would use?

Q: I bought DIR.un and WIR.un , the industrial REITs based partly on NAV, FFO, and dividend growth and because I had hardly any Canadian investments. However , on the said REITs , perhaps my calculations were incorrect. Both are down significantly notwithstanding that eCommerce has grown rapidly. I also have COR and COLD on close watch. I expected industrial warehouses and logistics to have a reasonably good growth trajectory. Do you think that growth in this type of company will be flat for the next year or two? To what would you attribute the weakness evident in the valuation of these companies that should, one would think, behave very differently from , say apartment REITs? Would you favor COLD or COR over the Canadian-listed ones and if yes, your reasons other those obvious in financial metrics?

Q: Hello Peter,
If you wanted to beef up the income portion of your portfolio and liked the idea of a couple of industrial REITs, in each of the US and Canada, (partly on the assumption of 'fulfillment' in this new world of online ordering), which four would top your list - assuming you're hoping for good and/or growing yields. Thank you!

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: 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: Hi my question today is on REITs. I started to buy these three reits as they are under .9 tb ratio. value. Because of there much lower price the dividend is awesome. This pandemic is the reason for there price reduction. Are they over sold and probably the next sector (industrial reit) to bounce back ? The people that are renting there property ex;Walmart are doing ok. If not a good time to buy when is ?

Q: what is the difference between wir.u & wir.un?

Q: Can you tell me your 2 favourite Industrial Reits in Canada and one in the US.

Thanks Valter

Q: What are some industrial reits?
Do you recommend entry into this sector at this time?

Q: Hi Guys
Quite struck by how much WPT has fallen given it is supposed to own mainly distributions centres like Amazon, which are apparently going gangbusters. Am I wrong here? What do you think about WPT at these levels. Are they also owners of regular Industrial properties that maybe more susceptible to a recession?

Thanks

Stuart

Q: Hello,

In what type of account would this be most tax efficient please?
The $USD component has confused me.

Cheers

Q: Hi Peter,
I am considering buying an industrial reit. I can't make up my mind between Dream Industrial and WPT. Which has the better growth potential and dividend increases?
Thanks for your advice.
Jane