Investment Q&A

Q: Is it a good time to start buying REITS or should I wait until 1/2 way through next year when we know more about this recession that everyone is predicting?

Can you recommend 1 or 2 CDN and 1 or 2 US for a long term hold?

Q: Hi Group is it true that Blackrock has put restrictions on withdrawal of funds (cash) from investments. For a company of this size and magnitude to restrict withdrawals is extremely worrisome. Can you please comment assuming this info is correct (I heard it on BNN last week) Hopefully if true we will not start to see a run on banks and other financial intuitions. When people start withdrawing cash and putting under their pillows causing panic i would be more that a little concerned? Your thought are much appreciated

Q: I have both HR.un and PMZ.un because of spin off. I want to sell one or both for a Tax Loss. Is either one have potentail over next few years?

Q: Real estate obviously having a rough ride with interest rate increases. Do you still maintain holding a weighting in real estate in a diversified portfolio even though this sector is clearly not doing well? I know other fund managers are very strategic and would say hold zero real estate. Is the issue if one exits one will not know when to get back into the sector and diversification is always key, in that not all sectors will ever rise and fall at the same time. Would like your general thoughts on continuing to hold your favorite real estate names through these times and also your thoughts on a less popular name Firm Capital and whether you feel they can weather a recession.

Q: I like theses 3 reits. Is there 1 you would you would prefer to hold in a non registered account for more tax efficient distributions
Thanks Terry

Q: Could you please explain what's happening at Blackstone over the past week, and if the risk profile has changed to affect its performance going forward.

If you were planning to buy it for a 2-3 year hold, what would you do now?

Q: Hello, looking to invest in Nexus Industrial REIT, especially since the drop in price due to a bought deal. I already have DIR.un. In the industrial sector, is this a name you like and if so, why? Thanks.

Q: What is your view of the performance of Tricon Residential over the past year and your opinion on future growth. Thanks.

Q: Similar to another question today, I am thinking of selling Summit, but waiting until the new year to delay the tax hit on my capital gains. But - isn't the buyout price $23.50? With the current stock price at about $22.50, there should be about a $1/share gain by waiting for the buyout, compared to about 30 cents of lost dividends between now and then. Am I missing something? Do you think it is better to sell immediately in the new year and move into something else, or wait for the actual buyout?
Thank-you, Grant

Q: Of the two mentioned above which one would be your choice. Please explain.

Q: Hi there,

I am considering selling part or all of my holdings in Summit. Can you tell me if they will continue to pay the monthly distributions until their deal closes in March?

Thanks!

Q: I have shares of Artis REIT for income. Is this worth holding for longer term or should I sell & look for better alternatives.

Q: Good afternoon my 5i friends. I had a long career in commercial real estate. I'm looking at the core office vacancies and sublets in the CBDs of many big cities, including Toronto and Montreal. The vacancies will drag on with downward pressure on rents and I'm wondering about the fine gang at Brookfield. Do they have inordinate exposure to office space and are they susceptible to rent compression. I am less concerned about retail and I know Brookfield has plenty but the worst is behind us, surely. So, your thoughts on the Brookfield office holdings, please.

kindest regards

al

Q: Hello 5i
Could I have current thoughts on Dream Office REIT please?
Thanks

Q: If i bought ANGC today, would i receive the Dec 9th dividend payment?


Thanks

Stephen

Q: Hi

Last Q on agnc was February…. Lots has changed since then including the share price

I just read an article on SeekingAlpha that suggests now is a better ( but not totally risk free) time to buy it.

BTW 5i is still my favourite source of info. Significantly so!

So I would appreciate your input on AGNC before going after that 15.7% dividend….
especially if it leads to falling off a cliff.

Or moving onto to another high yield but safer investment

Thanks in advance for your guidance.

Q: What are your 3 best ideas for REITS Med to Long Term {US/CAN}.

Q: I would appreciate an updated view on Slate Office REIT. Thanks!

Q: Hello,

For my pension with my employer, we have limited options with respect to investments. I intend to allocate a portion of my assets to ''Manulife Canadian Real Estate Fund'' (code 9575 / MCREA). Assets of $1.2B Return 1year 17% 2 year 20% 3 year 13%. I have a few questions:

- Can you find the breakdown for the asset allocation: multiresidential, office, industrial, etc. and does it include real estate development? (the information I find and that I was provided is very limited)

- On a scale 1 to 10, how risky is this investment for a 15 year time horizon?

- Can it be considered fixed income in a portfolio?

- How big of a position would you recommend vs total investment assets / portfolio? (% range would be appreciated).

-Returns seem high for the last few years. Can you please provide some comments / insigths?

My level of risk is typically average and I have a long term horizon. I just want to make sure I properly estimate the overall risk of the fund.

Thank you for your help.

Q: ETF's aside, are you able to rank what you feel may be the most attractive REIT types for the long term:
Storage, Cell Towers, Apartment / Residential, Industrial, Retail, Office, Healthcare, Hotel, and any other you might think are worthy of ranking.

I do recognize that there can be good and bad companies within these sub-sectors. Just trying to get a feel for which may be more attractive before drilling down to that level.