Milestone Apartment REIT

MST.UN-T

0.00
0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about MST.UN-T

Signal
Opinion
Expert
BUY
BUY
September 24, 2013

This is part of a group of REITs that came out at the end of the cycle. Cross-border REIT so its assets are in the US. Externally managed which is a disadvantage. However, advantages you are getting are access to US assets. Apartment buildings, mostly in Texas with lower income levels. Looking really cheap at these levels. Have shown very impressive cash flow growth in the 8% range and he thinks this will pull back to the mid-5% range. 6.87% yield.

This is part of a group of REITs that came out at the end of the cycle. Cross-border REIT so its assets are in the US. Externally managed which is a disadvantage. However, advantages you are getting are access to US assets. Apartment buildings, mostly in Texas with lower income levels. Looking really cheap at these levels. Have shown very impressive cash flow growth in the 8% range and he thinks this will pull back to the mid-5% range. 6.87% yield.

Derek Warren
Asst Vice President, Lincluden Investment Mgmnt
Price
$9.450
Owned
No
Showing 46 to 46 of 46 entries