Investment Q&A

• Granite Real Estate Investment Trust (GRT.UN)
  • View GRT.UN Profile
  • View Questions on GRT.UN
• WPT Industrial Real Estate Investment Trust (WIR.UN)
  • View WIR.UN Profile
  • View Questions on WIR.UN
• Cencora Inc. (COR)
  • View COR Profile
  • View Questions on COR

Q: This is being bought out. Can you recommend another REIT or ETF in the industrial space to replace it?

Upvote 0

Read Answer Asked by Richard on August 10, 2021

• Granite Real Estate Investment Trust (GRT.UN)
  • View GRT.UN Profile
  • View Questions on GRT.UN

Q: In about 4 yrs I have more than doubled by initial investment in GRT. A nice problem to have but...is it time to cash in (registered account) and deploy elsewhere or are forward metrics still showing potential for mid term appreciation. Still showing a decent yield

Upvote 0

Read Answer Asked by Harry on August 10, 2021

• WPT Industrial Real Estate Investment Trust (WIR.UN)
  • View WIR.UN Profile
  • View Questions on WIR.UN

Q: Good morning. Could you please comment on Blackstones offer, and would you recommend selling WIR.UN at this mornings price and moving on or might there be a better opportunity by waiting.
As usual, thanks for the always sage advise.
John

Upvote 0

Read Answer Asked by John on August 09, 2021

• Invitation Homes Inc. (INVH)
  • View INVH Profile
  • View Questions on INVH

Q: What would you consider to be similar Canadian companies (or companies that trade in Canada) to Invitation homes? I like what they're doing but hoping to find a Canadian alternative. If there are a few wich is your favorite?

Thanks!

Upvote 0

Read Answer Asked by Dennis on August 09, 2021

• INVESCO MORTGAGE CAPITAL INC (IVR)
  • View IVR Profile
  • View Questions on IVR

Q: Can you please comment on the quarter results and outlook?

Upvote 0

Read Answer Asked by Rick on August 09, 2021

Q: Hi 5i Team,

I am looking to invest in a private industrial/warehousing REIT that at some point might go public. What are the typical valuation metrics used for REITs in the public markets and what do you see as the average valuation for public REITs in the industrial/warehousing space?

Thanks in advance,
Jon

Upvote 0

Read Answer Asked by Jonathan on August 06, 2021

• H&R Real Estate Investment Trust (HR.UN)
  • View HR.UN Profile
  • View Questions on HR.UN
  • View Reports on HR.UN

Q: Any comments on the recently announced property dispositions by H&R? Is this a positive development in your view?

Upvote 0

Read Answer Asked by Craig on August 06, 2021

• Weyerhaeuser Company (WY)
  • View WY Profile
  • View Questions on WY
• Rayonier Inc. REIT (RYN)
  • View RYN Profile
  • View Questions on RYN

Q: Good day, 5I. Can you please tell me your opinion of the two companies above. Are there any in the Forestry industry your prefer? Thank you.

Upvote 0

Read Answer Asked by Donna on August 04, 2021

• Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
  • View CAR.UN Profile
  • View Questions on CAR.UN
• Granite Real Estate Investment Trust (GRT.UN)
  • View GRT.UN Profile
  • View Questions on GRT.UN
• InterRent Real Estate Investment Trust (IIP.UN)
  • View IIP.UN Profile
  • View Questions on IIP.UN
  • View Reports on IIP.UN

Q: I am looking for exposure to REITs for some capital appreciation but primarily for income either through individual REITs or ETFs. Can you recommend some individual REITs and ETFs. Is this a good time to be buying REITs instead of bonds for income?

Upvote 0

Read Answer Asked by Robert on July 30, 2021

• Boardwalk Real Estate Investment Trust (BEI.UN)
  • View BEI.UN Profile
  • View Questions on BEI.UN

Q: What do you think about this REIT? Lots of AB exposure and hasn’t done much over the last few years but I’m thinking it may play catch up going forward (relative to other apartment reits).

Upvote 0

Read Answer Asked by Scott on July 29, 2021

• Century Communities Inc. (CCS)
  • View CCS Profile
  • View Questions on CCS
• Dream Finders Homes Inc. Class A (DFH)
  • View DFH Profile
  • View Questions on DFH

Q: Would appreciate your views on this company and comments on the home building industry in the United States. Thanks

Upvote 0

Read Answer Asked by satish on July 29, 2021

• iShares Canadian Financial Monthly Income ETF (FIE)
  • View FIE Profile
  • View Questions on FIE
• Dividend 15 Split Corp. Class A Shares (DFN)
  • View DFN Profile
  • View Questions on DFN
• Canoe EIT Income Fund (EIT.UN)
  • View EIT.UN Profile
  • View Questions on EIT.UN
• BMO Canadian High Dividend Covered Call ETF (ZWC)
  • View ZWC Profile
  • View Questions on ZWC

Q: Hi 5i:

Can the Price to Earnings ratio (P/E) be used to determine the valuation of these yield plays or should I be looking at the Net Asset Value (NAV) instead?

Using P/E they rank cheapest to most expensive as: DFN, FIE, ZWC and EIT.UN. Is that accurate and if not, how would you rank them, cheapest to most expensive?

Thanks in advance,
Greg.

Upvote 0

Read Answer Asked by Greg on July 28, 2021

• Slate Grocery REIT (SGR.UN)
  • View SGR.UN Profile
  • View Questions on SGR.UN

Q: Could you comment on results

Upvote 0

Read Answer Asked by terrance on July 28, 2021

• Tricon Residential Inc. (TCN)
  • View TCN Profile
  • View Questions on TCN
  • View Reports on TCN
• Real Matters Inc. (REAL)
  • View REAL Profile
  • View Questions on REAL
  • View Reports on REAL

Q: For a 3% position and a 1-2 year hold which would you prefer REAL or TCN and reasons why thank you

Upvote 0

Read Answer Asked by Greg on July 26, 2021

• Nexus Industrial REIT (NXR.UN)
  • View NXR.UN Profile
  • View Questions on NXR.UN

Q: Nexus has run about 10% recently including 5% in one day. It was steady to slightly positive in Monday’s weakness which was not typical. I own it. Do you have any comments or any insight regarding Nexus?

Upvote 0

Read Answer Asked by James on July 23, 2021

• Tricon Residential Inc. (TCN)
  • View TCN Profile
  • View Questions on TCN
  • View Reports on TCN
• InterRent Real Estate Investment Trust (IIP.UN)
  • View IIP.UN Profile
  • View Questions on IIP.UN
  • View Reports on IIP.UN

Q: For a long-term hold would you be more comfortable with IIP or TCN. Currently hold IIP and CAP as my reits. Thanks

Upvote 0

Read Answer Asked by Jeff on July 21, 2021

• European Residential Real Estate Investment Trust (ERE.UN)
  • View ERE.UN Profile
  • View Questions on ERE.UN

Q: Peter; Any idea of the flooding could affect Ere.un? I’m assuming they would have to announce any major damage? Thanks. Rod

Upvote 0

Read Answer Asked by Rodney on July 21, 2021

• Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
  • View CAR.UN Profile
  • View Questions on CAR.UN
• Canadian Net Real Estate Investment Trus (NET.UN)
  • View NET.UN Profile
  • View Questions on NET.UN

Q: Interested in learning more about this REIT. If I were to invest in any one REIT in Canada, how does NET-UN stack up?

Upvote 0

Read Answer Asked by Eugene on July 20, 2021

• Boardwalk Real Estate Investment Trust (BEI.UN)
  • View BEI.UN Profile
  • View Questions on BEI.UN
• InterRent Real Estate Investment Trust (IIP.UN)
  • View IIP.UN Profile
  • View Questions on IIP.UN
  • View Reports on IIP.UN

Q: My REIT stocks have taken off in the last month or so as yields have pulled back. Interest rates can’t stay this low for too long as the BOC has already started tapering despite no action from the Fed. Do you think the move in REITs is overdone and should I trim and wait for a pullback as rates slowly rise? Do you think the disconnect between BOC and Fed policy will lead to further appreciation in the CAD?

Thank you,
Jason

Upvote 0

Read Answer Asked by Jason on July 16, 2021

• BMO US Preferred Share Index ETF (ZUP)
  • View ZUP Profile
  • View Questions on ZUP

Q: I have US dollars to invest. I am looking for relatively safe income investments such as a US$ REIT or a preferred ETF something like ZUP but in US$. Do you have any suggestions? Thanks for your help.

Upvote 0

Read Answer Asked by Ken on July 14, 2021