Viewing Opinion | StockChase
stockchase picture

Compiling comments that experts make about stocks while on public TV.

2017-02-03

Opinion for InterRent REIT (IIP.UN-T)

Signal Price Bias Subject Owned
WAIT $7.700 CAUTIOUS REITs & REAL ESTATE STOCKS Yes

He likes management. Their ability to increase distributions will be there as their more aggressive development plan starts kicking in. They have a number of large-scale developments, which have taken a bit longer, but the dividend will increase over time. More importantly is the amount of growth you can get in earnings when you are able to buy something broken and fix it. You are paying for broken, but you are getting fixed in the end. Returns are very strong. Thinks this will be issuing equity sometime in 2017, so you may want to wait for the equity deal. Dividend yield of 3.1%.

Derek Warren
Asst Vice President, Lincluden Investment Mgmnt

1 Comment

Cpangborn

March 2nd 2017 at 4:02pm

They had a $70MM equity raise announcement last week


You must be logged in to comment.