Crombie Real Estate Investment Trust

CRR.UN-T

TSE:CRR.UN

13.20
0.46 (3.61%)
Crombie REIT is a Canadian unincorporated open ended publicly traded real estate investment trust which trades on the Toronto Stock Exchange and is based in New Glasgow, Nova Scotia.
More at Wikipedia

Analysis and Opinions about CRR.UN-T

Signal
Opinion
Expert
BUY
BUY
December 8, 2008
(Market Call Minute.) Very cheap valuation. Solid company.
Show full opinionHide full opinion
(Market Call Minute.) Very cheap valuation. Solid company.
PAST TOP PICK
PAST TOP PICK
June 10, 2008
(A Top Pick July 17/07. Down 2%.) Nothing wrong with this one. Under followed. Likes the 7.7% yield. Pretty good commercial property. Good defensive Buy.
Show full opinionHide full opinion
(A Top Pick July 17/07. Down 2%.) Nothing wrong with this one. Under followed. Likes the 7.7% yield. Pretty good commercial property. Good defensive Buy.
TOP PICK
TOP PICK
June 2, 2008
Mostly in Atlantic Canada. Have Sobey’s as anchor stores. High yield and well managed.
Show full opinionHide full opinion
Mostly in Atlantic Canada. Have Sobey’s as anchor stores. High yield and well managed.
WEAK BUY
WEAK BUY
March 24, 2008
You get Atlantic exposure out of this company. Their Q4 was very strong. A good name. Not a core name.
Show full opinionHide full opinion
You get Atlantic exposure out of this company. Their Q4 was very strong. A good name. Not a core name.
BUY
BUY
February 29, 2008
Primarily retail. Most of its exposure is in Atlantic Canada. They are the monetization vehicle for Sobey’s and Empire. Recently blended in 62 properties of real estate from Empire. Reported 2 days ago and their results were fantastic. Distribution is covered and the debt is well in place.
Show full opinionHide full opinion
Primarily retail. Most of its exposure is in Atlantic Canada. They are the monetization vehicle for Sobey’s and Empire. Recently blended in 62 properties of real estate from Empire. Reported 2 days ago and their results were fantastic. Distribution is covered and the debt is well in place.
BUY
BUY
January 14, 2008
(Market Call Minute.) Discount to NAV, good cash flow generation and a strong portfolio makes it a Buy.
Show full opinionHide full opinion
(Market Call Minute.) Discount to NAV, good cash flow generation and a strong portfolio makes it a Buy.
COMMENT
COMMENT
July 25, 2007
Should have secured distributions for the foreseeable future. Extremely stable assets and very stable distribution policy. Low payout ratio. Very low yield and you may be better off with a bond.
Show full opinionHide full opinion
Should have secured distributions for the foreseeable future. Extremely stable assets and very stable distribution policy. Low payout ratio. Very low yield and you may be better off with a bond.
TOP PICK
TOP PICK
July 17, 2007
About 6.8% yield. Only been public for a little while and is not that widely followed. Will be the landlord for a lot of Sobey’s stores. The biggest commercial landlord in Atlantic Canada. Recently made some acquisitions in eastern Ontario. Higher growth possibility than some of the other REIT’s.
Show full opinionHide full opinion
About 6.8% yield. Only been public for a little while and is not that widely followed. Will be the landlord for a lot of Sobey’s stores. The biggest commercial landlord in Atlantic Canada. Recently made some acquisitions in eastern Ontario. Higher growth possibility than some of the other REIT’s.
BUY
BUY
June 29, 2007
Most of it is grocery anchored retail, with some office as well. A good name, with good management team.
Show full opinionHide full opinion
Most of it is grocery anchored retail, with some office as well. A good name, with good management team.
BUY
BUY
April 3, 2007
Primarily retail focused in Atlantic Canada. Good partnership with Sobeys, which is how they intend to grow in western & central Canada.
Show full opinionHide full opinion
Primarily retail focused in Atlantic Canada. Good partnership with Sobeys, which is how they intend to grow in western & central Canada.
BUY
BUY
December 22, 2006
Retail focused on unenclosed and neighbourhood shopping centres. Primarily Atlantic Canada. Good yield and trades at a discount to some of the other retail REITs.
Show full opinionHide full opinion
Retail focused on unenclosed and neighbourhood shopping centres. Primarily Atlantic Canada. Good yield and trades at a discount to some of the other retail REITs.
BUY
BUY
December 8, 2006
Shopping centres (concentrates on Sobey’s stores) in the Maritimes. Good quality REIT. Insiders have significant holdings. Good long-term play. He is looking at it again.
Show full opinionHide full opinion
Shopping centres (concentrates on Sobey’s stores) in the Maritimes. Good quality REIT. Insiders have significant holdings. Good long-term play. He is looking at it again.
WEAK BUY
WEAK BUY
June 5, 2006
Trading a little above its issue price. It produces income but there won't be anything spectacular.
Show full opinionHide full opinion
Trading a little above its issue price. It produces income but there won't be anything spectacular.
DON'T BUY
DON'T BUY
April 21, 2006
Good quality REIT overall. A lot of the properties are anchored by Sobey’s Grocery. Maritime focused REIT, a slower growth area. They talk about making acquisitions in the west where growth is, but there are already a lot of ways for investors to play the western market.
Show full opinionHide full opinion
Good quality REIT overall. A lot of the properties are anchored by Sobey’s Grocery. Maritime focused REIT, a slower growth area. They talk about making acquisitions in the west where growth is, but there are already a lot of ways for investors to play the western market.
DON'T BUY
DON'T BUY
April 7, 2006
Just went public at $10. You won't hurt yourself by buying this one, but wouldn't buy at this price. There is a lot of exposure to Zellers and not sure where that store fits into the Canadian retail landscape over in the next 5 years. Buy Northern Property (NPR.UN-T) instead as it is a safer alternative with better properties in areas that have higher growth.
Show full opinionHide full opinion
Just went public at $10. You won't hurt yourself by buying this one, but wouldn't buy at this price. There is a lot of exposure to Zellers and not sure where that store fits into the Canadian retail landscape over in the next 5 years. Buy Northern Property (NPR.UN-T) instead as it is a safer alternative with better properties in areas that have higher growth.
Showing 106 to 120 of 120 entries