IPC US Income Commercial REIT

IUR.UN-T

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0.00 (0.00%)
This company is not ACTIVE.

Analysis and Opinions about IUR.UN-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
April 28, 2008
(A Top Pick Nov 24/06. Up 25%.) Acquired by a US REIT.
(A Top Pick Nov 24/06. Up 25%.) Acquired by a US REIT.
Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$9.910
Owned
No
COMMENT
COMMENT
December 4, 2007
In the process of being taken over by a US REIT. Mainly US focused. Put itself up for sale, which did not go well.
In the process of being taken over by a US REIT. Mainly US focused. Put itself up for sale, which did not go well.
Kevin Hall BComm, CFA
Managing Director, Guardian Capital
Price
$9.770
Owned
No
PAST TOP PICK
PAST TOP PICK
November 29, 2007
(Past Top Pick Nov 24/06. Down 19.7%.) There is a take-out offer for the shares. The whole REIT market has been in a slump. This is US properties. He sold out at around $13 - $14.
(Past Top Pick Nov 24/06. Down 19.7%.) There is a take-out offer for the shares. The whole REIT market has been in a slump. This is US properties. He sold out at around $13 - $14.
Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$9.650
Owned
No
COMMENT
COMMENT
August 16, 2007
Have accepted an offer from a US based real estate company at $9.75 US. This is an asset purchase, not the units and IPC will have to wind up the units. There will be tax ramifications. A disappointing wrap up to this REIT.
Have accepted an offer from a US based real estate company at $9.75 US. This is an asset purchase, not the units and IPC will have to wind up the units. There will be tax ramifications. A disappointing wrap up to this REIT.
Dennis Mitchell, CFA
Executive Vice-President & Chief Investment Office, Sentry Select Capital Corp
Price
$9.920
Owned
Unknown
WAIT
WAIT
July 23, 2007
A Canadian REIT with all its assets in the US. Has been very weak. They are having trouble finding buyers. Good management and good properties. Wait for the next announcement.
A Canadian REIT with all its assets in the US. Has been very weak. They are having trouble finding buyers. Good management and good properties. Wait for the next announcement.
Charles Dillingham
Vice President and Portfolio Manager, Morguard Financial
Price
$10.840
Owned
Yes
HOLD
HOLD
June 29, 2007
Only Canadian Reit that only owns US properties. Modal is only class 'A' office buildings, in secondary markets across the US. Suffers from the currency discounts, and unusual promotes. Don't buy, but hold if you have.
Only Canadian Reit that only owns US properties. Modal is only class 'A' office buildings, in secondary markets across the US. Suffers from the currency discounts, and unusual promotes. Don't buy, but hold if you have.
Dennis Mitchell, CFA
Executive Vice-President & Chief Investment Office, Sentry Select Capital Corp
Price
$12.240
Owned
Unknown
TOP PICK
TOP PICK
June 20, 2007
Price has dropped a lot. Structured as a REIT in Canada but it's all US assets. Has been oversold.
Price has dropped a lot. Structured as a REIT in Canada but it's all US assets. Has been oversold.
Charles Dillingham
Vice President and Portfolio Manager, Morguard Financial
Price
$12.050
Owned
Yes
HOLD
HOLD
April 3, 2007
Only Canadian REIT that exclusively owns US properties. They have A assets in B locations. Believes this portfolio will eventually be sold, but doesn't expect frenzied bidding.
Only Canadian REIT that exclusively owns US properties. They have A assets in B locations. Believes this portfolio will eventually be sold, but doesn't expect frenzied bidding.
Dennis Mitchell, CFA
Executive Vice-President & Chief Investment Office, Sentry Select Capital Corp
Price
$13.800
Owned
No
PAST TOP PICK
PAST TOP PICK
March 30, 2007
(A Top Pick Nov 24/06. Up 15.9%.) Reduced his holdings in the $14 range. Primarily US office assets.
(A Top Pick Nov 24/06. Up 15.9%.) Reduced his holdings in the $14 range. Primarily US office assets.
Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$13.880
Owned
Yes
DON'T BUY
DON'T BUY
February 16, 2007
Unique REIT in Canada as it is the only one that owns only US properties. Put themselves up for sale. Have seen a lot of bids at very low cap rates for mediocre/average assets. A very speculative play. Sold his holdings.
Unique REIT in Canada as it is the only one that owns only US properties. Put themselves up for sale. Have seen a lot of bids at very low cap rates for mediocre/average assets. A very speculative play. Sold his holdings.
Dennis Mitchell, CFA
Executive Vice-President & Chief Investment Office, Sentry Select Capital Corp
Price
$14.810
Owned
No
COMMENT
COMMENT
January 19, 2007
This is a unique REIT in that it is a Canadian one, but owns solely US office property. Changing their strategy to own A property in primary markets. Thinks it will be taken out.
This is a unique REIT in that it is a Canadian one, but owns solely US office property. Changing their strategy to own A property in primary markets. Thinks it will be taken out.
Dennis Mitchell, CFA
Executive Vice-President & Chief Investment Office, Sentry Select Capital Corp
Price
$13.500
Owned
Unknown
BUY
BUY
January 12, 2007
All its assets are in the US. Have sold some big assets at good profit. A lot of speculation that it will be taken over.
All its assets are in the US. Have sold some big assets at good profit. A lot of speculation that it will be taken over.
Charles Dillingham
Vice President and Portfolio Manager, Morguard Financial
Price
$13.030
Owned
Yes
BUY
BUY
December 22, 2006
Offers a compelling yield. Will most likely get taken out.
Offers a compelling yield. Will most likely get taken out.
Dennis Mitchell, CFA
Executive Vice-President & Chief Investment Office, Sentry Select Capital Corp
Price
$12.200
Owned
Yes
TOP PICK
TOP PICK
December 8, 2006
Focused on 100% ownership of US office assets. A value story through and through. “Outperform” rating. Trades at a discount to underlying value.
Focused on 100% ownership of US office assets. A value story through and through. “Outperform” rating. Trades at a discount to underlying value.
Gail Mifsud
Senior Real Estate Analyst, Blackmont Capital
Price
$12.130
Owned
Yes
TOP PICK
TOP PICK
November 24, 2006
Primarily US office space. Sold some prime property for good prices and with all the cash they are raising, they're looking to buy higher growth properties. Could be a takeover target. Nice US income that is highly tax deferred.
Primarily US office space. Sold some prime property for good prices and with all the cash they are raising, they're looking to buy higher growth properties. Could be a takeover target. Nice US income that is highly tax deferred.
Robert Lauzon
Deputy Chief Investment Officer, Middlefield Capital Corporation
Price
$11.850
Owned
Yes
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