Canadian Real Estate Investment

REF.UN-T

Analysis and Opinions about REF.UN-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
September 11, 2009
(A Top Pick Oct 2/08. Flat.) Well diversified REIT. Have industrial, office and retail. Conservatively managed. Strong balance sheet and relatively low payout. 5.25% yield.
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(A Top Pick Oct 2/08. Flat.) Well diversified REIT. Have industrial, office and retail. Conservatively managed. Strong balance sheet and relatively low payout. 5.25% yield.
TOP PICK
TOP PICK
July 20, 2009
(A Top Pick Aug 13/08. Down 12.82%.) Sustainable leverage levels and payout ratios. Did equity issue which recharged the balance sheet. Very conservative management team. Would buy under $24 and accumulate in times of weakness.
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(A Top Pick Aug 13/08. Down 12.82%.) Sustainable leverage levels and payout ratios. Did equity issue which recharged the balance sheet. Very conservative management team. Would buy under $24 and accumulate in times of weakness.
BUY
BUY
July 13, 2009
One of the higher quality REITs. Much of their refinancing risks have passed through. Will qualify as a flow-through entity post Jan 1/11. 5.8% distribution.
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One of the higher quality REITs. Much of their refinancing risks have passed through. Will qualify as a flow-through entity post Jan 1/11. 5.8% distribution.
BUY WEAKNESS
BUY WEAKNESS
June 3, 2009
Probably the best REIT in the country. Diversified portfolio, high-quality assets, conservative disciplined and focused management, etc. Payout Ratio of 67%. $20.50 would be an excellent entry point.
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Probably the best REIT in the country. Diversified portfolio, high-quality assets, conservative disciplined and focused management, etc. Payout Ratio of 67%. $20.50 would be an excellent entry point.
PAST TOP PICK
PAST TOP PICK
May 22, 2009
(A Top Pick Oct 2/08. Down 15.4%.) Diversified with retail, industrial and commercial. REIT space in general has been hit hard, partially because it is considered a sub group of financials. Also REITs tend to be debt heavy. US REIT sector is much worse than Canadian. This trust is very well positioned and is a great place to be. Upside on REITs is probably limited near-term until there is more clarity on credit situations.
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(A Top Pick Oct 2/08. Down 15.4%.) Diversified with retail, industrial and commercial. REIT space in general has been hit hard, partially because it is considered a sub group of financials. Also REITs tend to be debt heavy. US REIT sector is much worse than Canadian. This trust is very well positioned and is a great place to be. Upside on REITs is probably limited near-term until there is more clarity on credit situations.
TOP PICK
TOP PICK
May 14, 2009
Very high quality real estate company with a rock solid balance sheet and exposure across the country. Conservative payout ratio. The only tax efficient income post 2011.
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Very high quality real estate company with a rock solid balance sheet and exposure across the country. Conservative payout ratio. The only tax efficient income post 2011.
PAST TOP PICK
PAST TOP PICK
(A Top Pick Oct 2/08. Down 26.3%.)
TOP PICK
TOP PICK
March 17, 2009
One of the premier REITs in Canada. Diversified, high-quality portfolio. Payout ratio of about 65% so distribution is rock solid. Was close to their debt covenants and had to raise $100 million and stock was a little bit weak in the face of that. Yield of almost 8%.
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One of the premier REITs in Canada. Diversified, high-quality portfolio. Payout ratio of about 65% so distribution is rock solid. Was close to their debt covenants and had to raise $100 million and stock was a little bit weak in the face of that. Yield of almost 8%.
TOP PICK
TOP PICK
February 12, 2009
One of the oldest REITs in Canada. Commercial diversified portfolio. Very low payout ratio at about 70%. Clean balance sheet. Good management team. Buy under $22 and Sell over $26.
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One of the oldest REITs in Canada. Commercial diversified portfolio. Very low payout ratio at about 70%. Clean balance sheet. Good management team. Buy under $22 and Sell over $26.
PAST TOP PICK
PAST TOP PICK
February 3, 2009
(A Top Pick Nov 28/07. Down 23.1%.) Well positioned and at an attractive price. One of the better performers in the real estate group. Conservatively run. Good balance sheet and strong management. Good defensive plays to be. Buy.
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(A Top Pick Nov 28/07. Down 23.1%.) Well positioned and at an attractive price. One of the better performers in the real estate group. Conservatively run. Good balance sheet and strong management. Good defensive plays to be. Buy.
TOP PICK
TOP PICK
December 16, 2008
Has a very good balance sheet. Excellent assets. Very low payout ratio, which is very sustainable. There is some concern of their industrial portfolio and occupancy decline. But feel s it is a great name for your portfolio. (They are watching it carefully). Would buy at around $22.50
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Has a very good balance sheet. Excellent assets. Very low payout ratio, which is very sustainable. There is some concern of their industrial portfolio and occupancy decline. But feel s it is a great name for your portfolio. (They are watching it carefully). Would buy at around $22.50
TOP PICK
TOP PICK
November 3, 2008
Commercially diversified. Probably the best REIT in Canada from a structural standpoint. Very low leverage around the 55% range. Low payout ratio in the mid-$70’s. Conservative management team. Excellent value.
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Commercially diversified. Probably the best REIT in Canada from a structural standpoint. Very low leverage around the 55% range. Low payout ratio in the mid-$70’s. Conservative management team. Excellent value.
TOP PICK
TOP PICK
October 24, 2008
A basket of high-quality real estate across Canada. Well tenanted. If you believe the economy is going to recover 6 to 9 months from now, you are picking up one of the best selection of assets at a significant discount.
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A basket of high-quality real estate across Canada. Well tenanted. If you believe the economy is going to recover 6 to 9 months from now, you are picking up one of the best selection of assets at a significant discount.
TOP PICK
TOP PICK
October 2, 2008
One of the oldest Reits in the sector. Conservatively, well run real estate company.
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One of the oldest Reits in the sector. Conservatively, well run real estate company.
TOP PICK
TOP PICK
August 13, 2008
Office, industrial and retail across Canada. Low payout ratio. Very conservative accounting. Low leverage. 4.75% yield. 70% payout ratio. Free cash flow yield of about 7%.
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Office, industrial and retail across Canada. Low payout ratio. Very conservative accounting. Low leverage. 4.75% yield. 70% payout ratio. Free cash flow yield of about 7%.
Showing 46 to 60 of 96 entries