Investment Q&A

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

Q: Would appreciate it very much ranking the above based on your expectation of total return over 3 to 5 years period. I wish to consolidate these number into less positions. In particular I am thinking of selling FCR at a loss and perhaps add to GRT.un or one of the others,

Thanks

Q: Good Morning,

What do you think of ERE.UN for a TFSA or an RESP for a long term hold? About 10 years maybe?

Thanks

Q: I am planning to take some losses as offsets to capital gains from previous years. In some cases, I am considering replacements as well. Please advise of any concerns with, or suggest alternatives to, the following sale (purchase) plan.

Sell HWO, PSI & IPL (buy PPL and AQN - already own ENB, ALA & KEY)

Sell SU & CJ (buy CNQ and PXT - already own ARX). I also have a sizeable loss on VET, but consider that is presently so far below comparables, that I should wait for some recovery – or sell now and move on?

Sell HR.UN (buy another REIT, possibly TCN.UN and/or ERE.UN - already own IIP.UN & NWH.UN).

Sell CHR.

Thanks - Don

Q: How was their last quarter?

Q: Which 4 of the 6 Reits would you buy at current levels? Please rank your choices.
Thanks

Q: Currently my Cdn REIT holding is CAR.UN. What are your thoughts on ERE.UN as a foreign investment? Do they share management to a degree and could this be a negative?

Q: Could you expand on your answer to Craig on Dec 30.

How much exposure does ERE have to Europe and how much of their debt is sourced in Europe.

Thanks, Fred

Q: Hi There,
Can you provide your opinion of the debt level of this small cap REIT company?
In the event of a recession would you expect the company to still honor
all it's debt obligations comfortably?
Do residential REIT stocks generally perform better than the overall market during a
recession?

thanks for your comments!

Q: Hi,

I am looking for a suitable replacement for Dream Global. What are your thoughts on European Residential Re Investment Trust as a replacement based on its current price?

Or, would you recommend a different one (outside Canada/USA)?

Thanks,

Craig

Q: I am currently considering Inovalis Real Estate Investment Trust, INO.UN and European Real Estate Investment Trust, ERE.UN for european property exposure. Which would you consider the better investment and why.

Thank you
David

Q: Hello,

Can you provide your views on the prospects for this REIT and whether you would recommend a purchase at this point.

Thank you.

Q: In a June 28/19 answer to Jim 5I quotes a yield of 8.03 % yield on ERE.UN.... I'm assuming something changed between then and now as any source I can find shows 3.27 %... Could you explain what that was ? You also referred to a special dividend in April. What was that all about ? Thanks for your great work.

Q: What is the new payout ratio with dividend change

Q: I get different divided % from 2 sources please give me the proper %. Thanks

Q: I am interested in ere.un as a play upon European multi-residential properties. However I note that Capreit owns 88% of the units at this time and am uncertain whether to view this as a negative or positive factor. I would appreciate your advice respecting this reit.

Q: Hi guys.

What are your thoughts on European Residential REIT? They have done a couple of interesting deals with CAP REIT. Looks like there is some management and trustee overlap.

Thanks,

Scott

Q: Hi Guys,
CAR.un is taking over ERE.un and blending in their European assets. A 50 cent dividend will be paid to existing ERE.un unit holders on the transaction. CAR.un valued the ERE.un units at $4.00 on the transaction.
Does any of this alter your opinion from earlier today?
Thanks
John

Q: In the company profile, ERE is noted as being "unincorporated". I am curious if that is significant; for example are their reporting/accounting held to less rigorous scrutiny compared to an "incorporated" company? Also ERE has a +9% dividend but is a new kid on the block - less than a year. The high dividend was there from start. Is this a sign management over reaching - like trying too hard to be noticed? Can ERE maintain it? What is their payout ratio. I have no European exposure, but thinking a small position here is doable...………..Thanks, and all the best in 2019...….Lionel

Q: Can you please provide a commentary on this REIT... thanks