Q: Could you comment on the sale of Summit, including:
1) is this largely a done deal?
2) are shareholders being bought out for cash, with no option to obtain Dream
Ind. shares?
3) proposed closing date
4) do you think other offers might be forthcoming?
Q: Hello 5i,
Will Dir.un have to raise cash to close its acquisition deal? If so, what’s your best guess on when they’d have to do this. I recently tax loss sold Dir.un and think it better to wait on finance info to repurchase.
Q: I own grt, smu and dir. I notice that dir and grt are up very strongly today (so far) coinciding with the take-out of smu (announced today). I know you don't give personal advise, however, in principle, do you think it might be time to sell dir and especially grt while their share prices are inflated because of this take out? Perhaps buy them back later when their prices come back down?
Q: I own SMU.UN which as announced today , will be bought by GIC and DIR.UN . It is up today by 26%. Would you sell it now or wait until the deal goes throught for a futher upside of about 4%
Q: Just read that SUMMIT is being taken over. Fortunate enough to own both Summit & Dream Industrial in my TFSA along with HOM-UN-T and TCN along with Interent, Killam . Thinking ahead what would you suggest I replace SMU with in the Cdn Reit space?
Thanks David
Q: For ERE.UN, on Nov. 4 2022, you commented that CAR.UN owned 11% of the outstanding shares. But when I look on SEDI, CAR.UN reports owning 152,237,821 shares. I calculate that to be 65.66% of the shares rather than 11%. Can you please explain/clarify. Thanks
Q: Hi There,
I am considering taking up a position in either DIR.UN or TSU.
After TSU's recent run up, which of the two would be your preference for a 3-5 year hold at current levels?
Additionally, in your opinion, what is the likelihood the the federal government will change the tax rules around REITS in the short term?
Thank you.
Q: the company has come down a lot , sure that being a small company and in Europe are negatives , but since it is somehow protected by CAR.UN , what is your opinion ?, will CAR.UN let them down if things get too harsh ?, is it a good price to get in ?, or better wait until all the bad news settle in H1 2023.
thanks !!
What is the current FFO payout ratio, and is it sustainable in a prolonged stagflationary environment should it occur ?
I was thinking of pairing this REIT with something in the Self Storage sector such as LSI. Would this be a good plan, or is there a better REIT pairing ?
In general, I thought REITs overall would be performing better in this current bout of inflation. Is it all about interest rates?
Q: Allied reported their third quarter results recently, I find the financial statements supplied by REITs somewhat complicated and challenging to interpret, so my question is twofold can you comment on their results and what you look for in financial statements from REITs in general.
Q: What are your thoughts on EXPI after todays earnings release? The stock has been punished this year with interest rate hikes impacting real estate markets. Does it look like a company that will do well when it comes out of this and real estate picks up or have the fundamentals and story changed here? Is this an add while its down or hold and do nothing?thx
Q: I phoned TD Waterhouse last month with a question and heard a baby crying and a dog barking in the background . I have heard stories about staff in the public service preferring to continue working at home . I have a friend at in a Fortune 100 co. who has been working from her home work station . If this carryover continues , will tenants be reducing their commitments to major landlords as their space needs are reduced ?
Q: Hi 5i
I see you've added DIR.UN to the reports. That's good news.
I bought Dream Ind. 6 years ago because of your OK comments about Dream at that time. I'm up just over 100% and have nice dividends. So thank you very much Peter.
Do you have any other industrial reits that you feel are OK ?
Thx for your hard work
Gerry