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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Good morning Peter and Team, What are your current thoughts on CAR.UN? As an anecdote, we live close to several of their properties, and they appear to maintain them reasonably well for rental buildings. Their 5% discount on DRIP'ed shares is also attractive. Alternatively, are there other investments in this space that you prefer? Thanks in advance for your guidance.
Read Answer Asked by Jerry on November 26, 2014
Q: Good morning!
Re: CAR.UN (Canadian Apartment Properties)
In light of their purchase of the properties in Ireland, and their subsequent spinoff into a new Irish REIT (recent offering), can you comment as to this strategy(?) and the likely effect on future distributions? I believe their CEO commented (after the initial purchase) to the effect that their foray into Ireland would be short term. Is there an obvious exit strategy here, or are they looking at a more long term holding?
Thanks!
Read Answer Asked by Paul on April 28, 2014