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5 Best Industrial REITs for CanadiansWorld markets sell on Russian aggressionThe pre-Easter rally continues on COVID-19 optimismThis summary was created by AI, based on 2 opinions in the last 12 months.
Based on the reviews from different experts, it is evident that SUMMIT INDUSTRIAL INCOME REIT RCPTS (SMU.UN-T) has been a strong performer. The stock was taken out after realizing a significant 45% increase and was acquired, further validating its value. The company traded at a 25% discount in a high-demand sector, showing strong potential for growth and stability. Overall, the reviews indicate a positive outlook for the company's performance.
Acquired. Takeover validates the value that's out there today.
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Strong occupancy rate at 99.2%. Owns 156 properties in Canada’s largest hubs. Strong revenue growth and net income. Supported by robust Canadian real estate. Unlock Premium - Try 5i Free
Focused on Canadian industrial warehouses. It's returned to its highs. However, its valuation has gotten high, so maybe take profits and add back later. There are better values in industrial spaces, though. Look at Granite REIT. Otherwise, nothing wrong with SMU.
(A Top Pick Feb 12/19, Up 32%) Scotiabank just announced a $13.75 target. Managers own about 10% of shares. There's good industrial rent growth in Toronto and Montreal. Vacancy rates are rock-bottom low.
Buy more? He can't answer that without knowing the overall portfolio, but also look at RIOCAN REIT in the North American industrial REIT space.
SUMMIT INDUSTRIAL INCOME REIT RCPTS is a Canadian stock, trading under the symbol SMU.UN-T on the Toronto Stock Exchange (SMU.UN-CT). It is usually referred to as TSX:SMU.UN or SMU.UN-T
In the last year, 2 stock analysts published opinions about SMU.UN-T. 2 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for SUMMIT INDUSTRIAL INCOME REIT RCPTS.
SUMMIT INDUSTRIAL INCOME REIT RCPTS was recommended as a Top Pick by on . Read the latest stock experts ratings for SUMMIT INDUSTRIAL INCOME REIT RCPTS.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered SUMMIT INDUSTRIAL INCOME REIT RCPTS In the last year. It is a trending stock that is worth watching.
On 2023-02-21, SUMMIT INDUSTRIAL INCOME REIT RCPTS (SMU.UN-T) stock closed at a price of $23.48.
Got taken out. Traded at a 25% discount in a sector that was in high demand.