Automotive Properties Real Estate Investment Trust (APR.UN-T) Stock Predictions - Stockchase
WATCH LIST
9
Automotive Properties Real Estate Investment Trust (APR.UN-T)

ON STOCKCHASE SINCE Jul 2015

REAL ESTATE

Automotive Properties Rea...

APR.UN-T

14 watching          
Join the Discussion

Automotive Properties Real Estate Investment Trust (APR.UN-T) SAVE Apr, 19, 2019, 8:30 am

10.73 0.08 (0.75%)

What the experts are saying about APR.UN-T



  • All
  • Filtered
Signal Opinion Expert
BUY
They lease to car dealerships. They are good long term leases. There is probably a benefit from lower interest rates. If they can get their equity price strong again then they can use equity markets again. It is a good quality company with a good stable yield. It has a sustainable 7.5% yield.
REAL ESTATE
0 0 0 0 0
0 comments
They lease to car dealerships. They are good long term leases. There is probably a benefit from lower interest rates. If they can get their equity price strong again then they can use equity markets again. It is a good quality company with a good stable yield. It has a sustainable 7.5% yield.
REAL ESTATE
0 0 0 0 0
0 comments
Joshua Varghese

Portfolio , Signature Global Ass...

Price Price
$10.780
Owned Owned
Unknown

BUY
Interest rates won't rise much, which should help this. He likes APR's concept of owning the land on car dealerships which continue to pay APR (and its stockholders). He doesn't see a decrease in car sales.
REAL ESTATE
0 0 0 0 0
0 comments
Interest rates won't rise much, which should help this. He likes APR's concept of owning the land on car dealerships which continue to pay APR (and its stockholders). He doesn't see a decrease in car sales.
REAL ESTATE
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$10.400
Owned Owned
Yes

HOLD
This is a smaller cap REIT. They put together a lot of car dealerships and collect the rent for the properties. They recently purchased some real estate locations from Auto Canada. It is very stable in Canada. He expects modest distribution growth.
REAL ESTATE
0 0 0 0 0
0 comments
This is a smaller cap REIT. They put together a lot of car dealerships and collect the rent for the properties. They recently purchased some real estate locations from Auto Canada. It is very stable in Canada. He expects modest distribution growth.
REAL ESTATE
0 0 0 0 0
0 comments
Michael Simpson

Senior Vic, Sentry Investments...

Price Price
$9.770
Owned Owned
Yes

BUY

He feels pretty comfortable adding to this name.  A certain number of automotive properties are counter cyclical.  The dealerships tend to be profitable unless you get into a recession.  He thinks auto sales will remain fairly stable.

REAL ESTATE
0 0 0 0 0
0 comments

He feels pretty comfortable adding to this name.  A certain number of automotive properties are counter cyclical.  The dealerships tend to be profitable unless you get into a recession.  He thinks auto sales will remain fairly stable.

REAL ESTATE
0 0 0 0 0
0 comments
Andy Nasr

VP & Inves, Sentry Investments...

Price Price
$11.020
Owned Owned
Yes

PAST TOP PICK

(A Top Pick Jan 13/16. Up 30%.) This company buys the land under auto dealerships and then leases it back to them. These are triple net leases, meaning that the dealership pays for everything, taxes and maintenance. There is a 1.5% escalator clause for every year. The company has made 2 acquisitions since last year. It is paying just under 7.5%, so a good income generating investment.

REAL ESTATE
0 0 0 0 0
0 comments

(A Top Pick Jan 13/16. Up 30%.) This company buys the land under auto dealerships and then leases it back to them. These are triple net leases, meaning that the dealership pays for everything, taxes and maintenance. There is a 1.5% escalator clause for every year. The company has made 2 acquisitions since last year. It is paying just under 7.5%, so a good income generating investment.

REAL ESTATE
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$10.740
Owned Owned
Yes

COMMENT

This is his preferred REIT right now. They specialize in owning the real estate of car dealerships. They are triple net leases, meaning that they don’t pay anything, the dealership pays the taxes, maintenance and utilities. This REIT collects rent from the dealership. They’re financing these out 5+ years, and this is yielding almost 9% right now.

REAL ESTATE
0 0 0 0 0
0 comments

This is his preferred REIT right now. They specialize in owning the real estate of car dealerships. They are triple net leases, meaning that they don’t pay anything, the dealership pays the taxes, maintenance and utilities. This REIT collects rent from the dealership. They’re financing these out 5+ years, and this is yielding almost 9% right now.

REAL ESTATE
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$9.300
Owned Owned
Yes

TOP PICK

Owns about 26 car dealerships in Canada. Have moved the land under some of those dealerships into this REIT. The land is on triple net leases, meaning the car dealership, not the REIT, pays the taxes, maintenance and utilities, and the REIT gets the income from that. Leases are 11 years at a minimum with an annual 1.5% rent escalator. Their debt to interest payments is around 3.5%, and the majority of their debt does not come due until after 2020. Dividend yield of 8.96%.

REAL ESTATE
0 0 0 0 0
0 comments

Owns about 26 car dealerships in Canada. Have moved the land under some of those dealerships into this REIT. The land is on triple net leases, meaning the car dealership, not the REIT, pays the taxes, maintenance and utilities, and the REIT gets the income from that. Leases are 11 years at a minimum with an annual 1.5% rent escalator. Their debt to interest payments is around 3.5%, and the majority of their debt does not come due until after 2020. Dividend yield of 8.96%.

REAL ESTATE
0 0 0 0 0
0 comments
Zachary Curry

Chief Oper, Davis-Rea Ltd....

Price Price
$9.000
Owned Owned
Yes

HOLD

Basically car dealerships. They don’t own the dealerships, but lease to the companies that own them. This is new, so he is giving them a little bit of time to season. He will give it a couple of quarters. If you own, it is a new IPO, so you shouldn’t be selling it.

REAL ESTATE
0 0 0 0 0
0 comments

Basically car dealerships. They don’t own the dealerships, but lease to the companies that own them. This is new, so he is giving them a little bit of time to season. He will give it a couple of quarters. If you own, it is a new IPO, so you shouldn’t be selling it.

REAL ESTATE
0 0 0 0 0
0 comments
Derek Warren

Asst Vice , Lincluden Investment...

Price Price
$9.960
Owned Owned
No

WATCH

Canada’s newest REIT.  He does not think there is a big reason for fear, but was unhappy with the debt level.  He is waiting it out to see how it performs.  They have top notch management.  This is very similar to ACQ-T, but you own the real estate of the dealerships.  10.6% yield. 

REAL ESTATE
0 0 0 0 0
0 comments

Canada’s newest REIT.  He does not think there is a big reason for fear, but was unhappy with the debt level.  He is waiting it out to see how it performs.  They have top notch management.  This is very similar to ACQ-T, but you own the real estate of the dealerships.  10.6% yield. 

REAL ESTATE
0 0 0 0 0
0 comments
Derek Warren

Asst Vice , Lincluden Investment...

Price Price
$10.010
Owned Owned
Unknown

Showing 1 to 9 of 9 entries
Successfully Saved Company
Successfully Saved Company
4+
JOIN THE DISCUSSION
4 comments in the last 7 days