Q: I want to sell H&R to capture a capital loss. What would be the best proxy for it in case I want to buy it back later? Would Primaris work?
Q: Your thoughts on HR and PMZ at this time. Hold for the dividend or move on to some other area with better growth prospects? Thanks.
-
H&R Real Estate Investment Trust (HR.UN)
-
Alaris Equity Partners Income Trust (AD.UN)
-
Crombie Real Estate Investment Trust (CRR.UN)
-
Killam Apartment Real Estate Investment Trust (KMP.UN)
-
Primaris Real Estate Investment Trust (PMZ.UN)
Q: I am looking at selling HR,PMZ , AD , ( 10% total weighting) keeping CRR and buying KMP(2.5%); all held in my RRIF.
Halifax ( where I live ) is booming ,has a strong rental housing market and KMP has a significant presence there. With continued high immigration and constrained construction the metrics look good for this sector. Some markets have rent control. While concentrated in Atlantic Canada, they are also growing in ON, AB ,and BC.
Your thoughts on KMP and on this portfolio change would be appreciated. Better rental reit suggested ?
Thanks
Derek
Halifax ( where I live ) is booming ,has a strong rental housing market and KMP has a significant presence there. With continued high immigration and constrained construction the metrics look good for this sector. Some markets have rent control. While concentrated in Atlantic Canada, they are also growing in ON, AB ,and BC.
Your thoughts on KMP and on this portfolio change would be appreciated. Better rental reit suggested ?
Thanks
Derek