Investment Q&A

Q: Thoughts on HOT.UN? TD says its currently at an attractive entry point with buy rating. I currently have no REIT's in my portfolio. Is this stock subject to the 15% withholding tax because its paid in USD? If you don't like this stock, any alternatives?

Q: I am a long retired (10 years plus) conservative investor with a portfolio largely based on your income portfolio with a few holdings from the balanced portfolio.
The somewhat unexpected capital gain in this security (CAR.UN) of about 30% in just less than 2 years and the consequent relatively low (for a REIT) yield of about 3.4%, has given me some concern that this security is over bought and due a significant correction. To-day, there is an article in the Globe and Mail that questions the validity of the AFFO calculations used by this company and in particular how capex and maintenance expenses are applied to the AFFO.

What are your views in this area and do my concerns that this security may be over bought have any validity?

Thanks

Q: You mentioned today that RBN distributions last year was 77% return of capital.

Can you list some other high yielding tickers with a high return of capital, I know there are some REIT's in that category.

Q: Hi Peter,

If one were renewing their mortgage, based on your outlook would it best to enter a variable or fixed rate mortgage at this time and would a longer term (i.e. 5 yers) be preferred over a shorter term (i.e. 3 years). Appreciate any thought you may have. Thanks as always.

Q: Hi Peter and Staff
Always listed as one of your favoured REITS and I have done well on appreciation with lower yield than some and a touted low payout ratio.
Please comment on the Globe article yesterday regarding questionable ratios re: capital versus expense
They lumped it up there with Boardwalk with unsustainable payouts
Thanks for all you do
Dennis

Q: Hi - I am looking to invest in a real estste reit/etf that has income but low debt. - Any suggestions?

Q: interested in your perspective on this company; today's financing appears to stretch the valuation, but market appears favourable to transaction. thoughts?

Q: would you be kind enough to give me an updated opinion on the company , please and thank you...quarterly numbers have been released recently....Cheers

Q: First of I would like to thank you for the quality of the new format. My concern at this time is the increase in the exposure to US retail when this sector is in secular decline. Having said this, I read that they do have a 95% occupancy rate. Your thoughts. Nigel.

Q: I have a well diversified RRSP account with focus on income and of course some growth. The only real estate holding I have is BYP.UN and would like to add another. I am trying to decide between AAR.UN or CAR.UN. Which would be your chose, if either. I am open to other suggestions.
Thanks

Q: Could you please explain the rationale for the following? TSU announced they will be consolidating 10 Common Shares into 1 New Common Share (~$269 CAD) Followed, at a later date, by splitting 1 Common Share into 10 Common Shares. Thanks.

Q: Brookfield Properties Preferred is available with different extensions from .x, .g, .t, .c, .p, .w, .a, etc. Are all these different preferreds and how can you tell which one is the best one to buy? Many tnx and great upgrade to the site.

Q: Good morning from the West Coast.
I have the full model portfolio for Income.
I would like to add a REIT.
What is you analysis for VTR for a long term hold in Income?
Thanks
Rick

Q: Hello,
Could you please comment on HCG's earning, outlook and its valuation. Is it cheap compaire to EQB? Is HCG worth hold if it is already owned.

Thanks

Q: Hi
I though this company had reported on 6 Nov
If so, may I have your comments please.

Q: Please give your opinion on this REIT's third quarter results released today. Is this a good entry point for a full position primarily for income. Other than CAR.UN, can you recommend other apartment REITS for income?

Q: Chartwell Retirement Residence announced today a $245 million dollars bought deal with a nice discount of 3.10% the funds will be used by the company to finance the purchase of five retirement residence in Alberta. Do you like the acquisition? Would you participate in the deal? I do like the sector due to the demographic trend, and I am an income oriented investors.

Q: Hi Team,
In your response to Joanne, Nov 14 regarding comparison of BEI.UN and CAR you state :
"and we would much prefer CAR, and would have concern on CAR's distribution." Did you really mean you have a concern with CAR's distribution?
Also in light of BEI's announced distribution cut starting Jan 1, 2018 and their new growth plans do you believe the bad news is now priced in and this is a good buy currently considering down to $40 this am?

Thanks for your sevice,

Steve

Q: Could you compare BEI.UN and CAR.UN re: dividend safety and potential for growth? Given the Q2 FFO for BEI and year projections, do you think the business can continue to cover the dividend? How do you rate BEI versus CAR.UN ? Would you rate one over the other as a buy at this time? Thank you kindly for your analysis.

Q: GGP is a retail mall reit.
What does Bam.a see in the company that others are missing?
What would be the equivalent stock in Canada to GGP?

Thanks Ian