Q: Please give your opinion on this REIT's third quarter results released today. Is this a good entry point for a full position primarily for income. Other than CAR.UN, can you recommend other apartment REITS for income?
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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.
- H&R Real Estate Investment Trust (HR.UN)
- Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
- Chartwell Retirement Residences (CSH.UN)
- InterRent Real Estate Investment Trust (IIP.UN)
Q: I am looking to replace HR.UN with a REIT that has minimal, or no retail exposure. Can you suggest a couple with comparable dividends, and better potential upside? Thank you.
Grant
Grant
- Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
- Tricon Residential Inc. (TCN)
- InterRent Real Estate Investment Trust (IIP.UN)
- Morguard North American Residential Real Estate Investment Trust (MRG.UN)
Q: In what order would you rank these residential reits for a long term hold (5 plus years)? Would you agree that you should have one or two as part of a core holding in a portfolio? Thank you .
- Boardwalk Real Estate Investment Trust (BEI.UN)
- InterRent Real Estate Investment Trust (IIP.UN)
- Mainstreet Equity Corp. (MEQ)
Q: In a previous question in March you answered that MEQ was a much more expensive stock then Boardwalk BEI-un. MEQs book value was .5 at the time vs a .7 from Boardwalk. How did you make that judgement that MEQ was much more expensive? Since March boardwalk is down 15%, does that make it significantly less expensive then MEQ at the moment?
Also is it safe to assume IIP.un has pretty much has the same strategy as MEQ albeit an Eastern Canada concentration? Its book value is 1.1 vs a .6 from MEQ. Its ROE is significantly better then MEQ but P/E ratios are roughly the same? Does that justify the lower book value of MEQ or am I looking at things wrong?
What are your 3 favorite stocks in the real estate market.
thanks
Also is it safe to assume IIP.un has pretty much has the same strategy as MEQ albeit an Eastern Canada concentration? Its book value is 1.1 vs a .6 from MEQ. Its ROE is significantly better then MEQ but P/E ratios are roughly the same? Does that justify the lower book value of MEQ or am I looking at things wrong?
What are your 3 favorite stocks in the real estate market.
thanks
- Boardwalk Real Estate Investment Trust (BEI.UN)
- Northview Apartment Real Estate Investment Trust Trust Units (NVU.UN)
- InterRent Real Estate Investment Trust (IIP.UN)
- Pure Multi-Family REIT LP (RUF.UN)
Q: In reagrds to your model portfolio update;
Sell full position in BMO Equal Weight REIT ETF (ZRE, NR)
Trade Rationale - We see a few headwinds facing the broad REIT industry. Higher potential rates may make this segment come out of favour while also increasing costs to the REITs themselves. Add in high property values and pressure on retail stores, and we think it is time to be more targeted with any REIT exposure.
I concur and shifted my focus to smaller, higher yielding albeit riskier REITS like PRV which is flat since purchase not including DRIP & NXR just bought. My question is what REIT's would you recomend for this targeted approach and retail concerns, I am familair with some of your more popular REIT suggestions so hoping to hear some diferent names.
Thanks!
Craig
Sell full position in BMO Equal Weight REIT ETF (ZRE, NR)
Trade Rationale - We see a few headwinds facing the broad REIT industry. Higher potential rates may make this segment come out of favour while also increasing costs to the REITs themselves. Add in high property values and pressure on retail stores, and we think it is time to be more targeted with any REIT exposure.
I concur and shifted my focus to smaller, higher yielding albeit riskier REITS like PRV which is flat since purchase not including DRIP & NXR just bought. My question is what REIT's would you recomend for this targeted approach and retail concerns, I am familair with some of your more popular REIT suggestions so hoping to hear some diferent names.
Thanks!
Craig
- Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
- InterRent Real Estate Investment Trust (IIP.UN)
Q: Hi 5i
Thanks for your recent report on Interrent. I am an owner. If you were to buy one other apartment reit, just for diversification purposes, which would you choose?
Thanks
John
Thanks for your recent report on Interrent. I am an owner. If you were to buy one other apartment reit, just for diversification purposes, which would you choose?
Thanks
John
- First Capital Realty Inc. (FCR)
- H&R Real Estate Investment Trust (HR.UN)
- SmartCentres Real Estate Investment Trust (SRU.UN)
- Dream Global Real Estate Investment Trust (DRG.UN)
- Pure Industrial Real Estate Trust (AAR.UN)
- Tricon Residential Inc. (TCN)
- InterRent Real Estate Investment Trust (IIP.UN)
- Medical Facilities Corporation (DR)
- OneREIT (ONR.UN)
- Pure Multi-Family REIT LP (RUF.UN)
- Morguard North American Residential Real Estate Investment Trust (MRG.UN)
- Dream Industrial Real Estate Investment Trust (DIR.UN)
- Inovalis Real Estate Investment Trust (INO.UN)
- Firm Capital Mortgage Investment Corporation (FC)
- Partners Real Estate Investment Trust (PAR.UN)
Q: I hold substantially less than 5% of each of the above securities in my diversified portfolio.The sector is not over-represented in my portfolio. I would appreciate your opinion as to which, if any, should be sold because of duplication; and/or to reduce the # of stocks held; and/or because of other specific concerns; and which, if any, should be added to. I do not require the cash from any disposition, am not averse to risk, and, subject to your comments, would reinvest it in this or any other sector which you recommend.Thank you in advance for your usual reasoned response.
Q: Hi Folks,
I'm looking to add a REIT or two to my income portfolio. I'm also aware of the possibility that rates may increase over the next year or so. I was thinking that "growthy" REITS would provide some protection from rising rates. Could you suggest two or three REITS with the potential for above average growth with a sustainable distribution. I'm OK with some riskier names.
Great work, as usual.
Dennis
I'm looking to add a REIT or two to my income portfolio. I'm also aware of the possibility that rates may increase over the next year or so. I was thinking that "growthy" REITS would provide some protection from rising rates. Could you suggest two or three REITS with the potential for above average growth with a sustainable distribution. I'm OK with some riskier names.
Great work, as usual.
Dennis
- Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
- Chartwell Retirement Residences (CSH.UN)
- InterRent Real Estate Investment Trust (IIP.UN)
Q: What are your top 3 favorite REIT's
- H&R Real Estate Investment Trust (HR.UN)
- Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
- InterRent Real Estate Investment Trust (IIP.UN)
Q: What would be your favorite 3 REITS now for dividend and growth
Q: With Toronto Rentals Rates moving UP exponentially, can 5i recommend 1 or 2 Apartment Reits?
Thanks Kindly! Austin
Thanks Kindly! Austin
- Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
- InterRent Real Estate Investment Trust (IIP.UN)
Q: Good morning Peter and Team,
Sorry for another question about the changes to the mortgage business! The new rules will undoubtedly disqualify a number of people from obtaining mortgages, thus relegating them to renting instead of buying real estate. I'm wondering if this is a buying opportunity for "apartment" type REITs like CAR.UN and IIP.UN. If so, what REITs do you find most compelling, and is there any preference as to where should they be held? (RRSP, RRIF, TFSA, Non-registered investment account.)
Thanks as always for your valued advice.
Sorry for another question about the changes to the mortgage business! The new rules will undoubtedly disqualify a number of people from obtaining mortgages, thus relegating them to renting instead of buying real estate. I'm wondering if this is a buying opportunity for "apartment" type REITs like CAR.UN and IIP.UN. If so, what REITs do you find most compelling, and is there any preference as to where should they be held? (RRSP, RRIF, TFSA, Non-registered investment account.)
Thanks as always for your valued advice.
- Tricon Residential Inc. (TCN)
- InterRent Real Estate Investment Trust (IIP.UN)
- Milestone Apartments Real Estate Investment Trust (MST.UN)
Q: Please list these three stocks in order of preference for a conservative income account. Thank you.
- H&R Real Estate Investment Trust (HR.UN)
- Chartwell Retirement Residences (CSH.UN)
- InterRent Real Estate Investment Trust (IIP.UN)
Q: Hi all at 5i... I have a query ....what is a better investment at this time..an individually owed, mortgage free, rental property versus a REIT? So I drew up a list...at least as far as I can see, ..pros and cons. The rental property...pro- I have a tangible asset which can generate a monthly income and hopefully appreciate in value over time. Con- I enter the world of becoming a landlord with all of its issues. There is the cost of the up keep of the property. The question remains, how much more will the property appreciate given the fact that the market is very high already. The REIT ...Pro... No landlord headaches...A steady stream of income...others that do the buying and selling of the properties held and a diversification of properites. Con...success of the REIT can depend on the management team, the market can fluctuate and interest rates can change and effect the valuation of the REIT. As far as my exposure to real estate, I,only own my own home and a goodly amount of stocks and bonds. A small percentage of the stocks are Reits. How would you weigh in on this...and could you suggest some Reits that are investment worthy. Thank you, Tamara
- H&R Real Estate Investment Trust (HR.UN)
- Chartwell Retirement Residences (CSH.UN)
- InterRent Real Estate Investment Trust (IIP.UN)
Q: Which 3 reit's would you recommend for a hold of several years?
Q: What are your top recommendations for Canadian residential REITS. I am considering taking profit in Can. Aparts (CAR.UN) and would like to re-invest in the same sector.
Q: Hello
In an answer today you recommended INN.UN. I thought it was being sold?
Thanks for all you do
Dennis
In an answer today you recommended INN.UN. I thought it was being sold?
Thanks for all you do
Dennis
- RioCan Real Estate Investment Trust (REI.UN)
- H&R Real Estate Investment Trust (HR.UN)
- Granite Real Estate Investment Trust (GRT.UN)
- InterRent Real Estate Investment Trust (IIP.UN)
Q: I have not had a 'raise' in a while from RioCan. I have held the stock since 1999. Is it time to part company? It's near an all time high. Can you suggest a REIT which does give good increases every year? A high ROC is nice, but not required.
Paul
Paul
- RioCan Real Estate Investment Trust (REI.UN)
- Allied Properties Real Estate Investment Trust (AP.UN)
- InterRent Real Estate Investment Trust (IIP.UN)
Q: I'm holding Allied Properties and RioCan REITs and they make up about 8% of my portfolio. I like the income but I'd also like some growth. Are there better alternatives in this space? What are your thoughts on the relative amount I've allocated to REITs?
Q: looking over the residential reits, wondering what you think of these two. They are smaller and perhaps have been overlooked.
Thank you.
Thank you.