SUMMIT INDUSTRIAL INCOME REIT RCPTS…

Home

Daily Stock Opinions and Ratings

SUMMIT INDUSTRIAL INCOME REIT RCPTS (SMU.UN.TO)

23.48

+0.02 (0.09%)

as of Feb 21, 2023, 9:00:00 pm Market Open.

114 watching

BUY

Industrial REITs are a good place to be. Not a bad play.

COMMENT

Was just acquired and he would tender to the offer if you own, take the money, and put it into another REIT.

SELL

ING Realty Investors out of Baltimore bought the units. Half went into an Australian fund and the other into a Belgium fund. A little bit left on the TSX but there's no distribution.

BUY

This fund is being taken out. Recommends putting your money into a tax deferral and high yield fund.

SELL

Got bought out by the real estate division of ING (IIC-T) and paid full price which pushed the price up. Will tender his shares and wait for the cash to come.

BUY

Focused on the light industrial space, mostly in Alberta and Ontario. Great at acquisitions. Reasonably priced. Payout and debt is conservative.

DON'T BUY

Focused on ownership of industrial space. Have managed to really grow the portfolio and shareholders have been rewarded. Has an under perform rating on this as she believes the industrial market will be hard pressed to outperform given the strong Cdn$.

BUY

A good name. Focused on the industrial sector of the real estate space. Had some concerns last year that with the stronger Cdn$ there could have been some fallout and some impact on some of the small and medium size businesses, but it didn't seem to happen and they've had quite good performance in occupance and rental rates.

TRADE

Owns lots of industrial property. Also some retail. Has underperform rating.

TRADE

Largest industrial REIT across Canada. Strng Cdn$ could impact the Canadian economy. Seeing speculative development in the industrial sector.

DON'T BUY

Despite significant asset growth, there hasn't been any real growth in their bottom line earnings. Payout ratio has been typically higher than the peer group but hasn't grown which reflects the fact that they've paid out too much.

WAIT

A diversified REIT with properties in industrial, residential and office spaces. A high quality trust, but concerned with the valuation so has a neutral recommendation.

SELL

Distribution is just about break even.

BUY

The whole REIT sector is thought to be paying more distribution than it is making on an ongoing basis. This one is right on the margin. Have been expanding a lot. Big efficient system. Feels they are safe.

BUY

A good REIT in industrial properties. 10% yield.

Showing 31 to 45 of 62 entries

Most Recent Experts

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Joe Terranova

Virtus Investment Partners

Stephen Weiss, Founder, Short Hills Capital Partners

Short Hills Capital Partners

Bryn Talkington

Requisite Capital Management

Shannon Saccocia, CIO, Boston Private

Boston Private

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

SUMMIT INDUSTRIAL INCOME REIT RCPTS (SMU.UN.TO)