Investment Q&A

Q: Hi Peter,
NWH.UN is paying over 8% yield and has lagged the recovery on REITs. Looking at the NAV which is close to $12 per share, at what point is this a clear buy?

Q: American Hotels Income Fund (HOT.UN)released its Q4 and 2013 results this morning-- and the market seems to be punishing it for the results (down over 7%). The results didn't seem too bad, with continuing expansion tied to long-term railway occupancy guarantees, etc. Could I have your views on the results and the security of the nice distribution?
Thank you.
Harold.

Q: INO.UN,Inovalis Real Estate Investment Trust, pays a distribution and holds properties in Europe. I would appeciate your comments on the company and if this would be a good indirect method to hedge the $CAN to the $EUR?

Q: 5ireseach
Which would be your top two recommended (REITS) ? For a longer term hold. Or is this a wrong time to be investing in reits?
thanks
Cal

Q: Good day Peter...I'm caught up trying to classify positions by sector. And I need feedback about a few REIT Trust companies. Should all REITs.un be classified under real estate or CSH.un as health care, GRT.un as industrials, BYD.un as consumer discretionary and HR.un as diversified?......Thanks....Tom M

Q: Recently you remarked that REITS could be considered part of the fixed-income portion of a portfolio. Could the same be said of Mortgage Investment Corps (e.g. MCAN, Timbercreek, Trez), or would they be part of the equity allocation?

What is the difference between Timbercreek Mortgage Investment Corp. (TMC) and Timbercreek Senior Mortgage Investment Corp (MTG)? (Same with Trez Capital: TZZ and TZS.)

Q: In Sept. last year you answered a question regarding this company INN.UN and indicated that it was O.K. for income with no negative indicators. Orange Capital is now involved and they disagree with your point of view but have taken a 10% position with a view of bringing about changes to this poorly run company. From your experience is a position of this size a big enough club to sway managements train of thought. Orange maintains that with change the units should be worth 50% more.

Q: Good morning
I would like to switch out of Dundee (D.un). Would swithing into Car.un or HR.un be a good idea.
If not, could you recommend a good growth stock with a nice dividend to replace D.un
Thanks

Q: Hello Peter and Team,
As a retired,long term income investor, I purchased WIR.U on the TSE only to eventually find US withholding tax was taken off the dividend payment.I sold immediately. How common is this for a TSE stock and how can I avoid this in the future?

Q: Would you please give me your opinion on Australian Income REIT(hrr.un).Thanks.

Q: I'd appreciate your views on Pure Industrial AAR.UN. I have held it for a while but it doesn't seem to be reviving.

Q: Do you have any information on INO.UN.? It is starting to look interesting from a technical basis, so now we would like a look at the other side of the coin.

Q: Hi Peter
In reviewing the Q&A, the last (and only?) comment that I can find on True North REIT (TNT.UN) was February 13, 2013. What is your opinion of this REIT at this time, for a long term hold? (5 years). Would you please address the fundamentals of this stock as well as comment on the viability of its 9% dividend yield. Can such a yield be truly sustainable over the long term?

Q: RUF.U
Hi team. You answered a question on this stock (Pure Multi Family REIT) about a year ago. Could I get an update please?
Thanks Jim

Q: Peter; Could please update your August comment on DIR.UN after their latest earnings ? Thanks. Rod

Q: Hi 5i,

I own a small position on CUF.UN currently down 25% from purchased price. Is it a worthy holding for long term? Thinking either to add more or just take a lost. You commend will be very much appreciated. Thanks!

Q: Good Morning 5i,

Till more funds become available for me to invest I’ve decided to strengthen my portfolio fundamentals one sector at a time, starting with the REITs.

I currently own Senior Housing Properties Trust (SNH), RioCan Real Estate Investment Trust (REI.UN), Northern Property Real Estate Investment Trust (NPR.UN), Lexington Realty Trust( LXP), HCP In. (HCP), Dundee Real Estate Investment Trust( D.UN), Cominar Real Estate Investment Trust( CUF.UN), Chartwell Retirement Residences (CSH.UN) , Calloway REIT (CWT.UN).

I am willing to sell a couple of my holdings and buy H & R REIT and HealthLease Properties REIT. Your suggestions please, along with any other ideas you may have.

As always your help is appreciated.

Q: First, I would like to thank you for this incredible service, i.e. the opportunity to ask an investment question.

BPY is acquiring BPO. Which would be more prudent, accept the offer by BPY to exchange my BPO shares for an equivalent BPY or sell my BPO shares at 20.34/ share, which is higher than my purchase price. What are the future prospects for BPY and REITS in general. After the sell-off in May (QE taper scare!), many REITS are moving up but they are still a long way from their highs.

Thank you!

Q: Greetings, Peter and Co. I have held Melcor (MRD) long enough to enjoy the sgrowing semi-annual dividend, now at $0.50 or 2.46%. There were special dividends of $0.50 in 2013 and $0.10 in 2005. While the yield is adequate, would there be an alternate company in the sector that you would consider a better investment?
With appreciation.

Q: Hello Peter and company, my complimednts to your highly infomative site!
My question is: should I hold on to my shares of NWH.Un?
what is your opinion on this company?
Thank you, cheers Heidi