Michelle Wearing
Member since: May '19
Portfolio Manager at
Starlight Capital

Latest Top Picks

(A Top Pick Oct 31/19, Up 15%) Global leader in logistics real estate. Largest industrial REIT play you can get. She'd buy on any weakness. Accelerating demand for e-commerce is generating more need for industrial space.
(A Top Pick Oct 31/19, Down 6%) Recently trimmed position. Still sees upside. Collections are resilient. Very attractive price, 15% discount to NAV. Yield over 3.5%.
(A Top Pick Oct 31/19, Down 9%) Disappointing. Buying on weakness. Only publicly traded Canadian REIT with European residential assets. Rent collections strong, unaffected by pandemic. 20% discount to NAV. Yield is 3%.
Temperature-controlled warehouses are an integral part of the food chain connecting producers and retailers to the consumer. Defensive cashflows, structural tailwinds. High demand sector. E-commerce potential. Seasoned management. Share price attractive, significant discount to peers but with secure growth. Yield is 2.49%. (Analysts’ price target is $41.67)
Second largest single-family rentals in the US. Record high occupancy. Solid collections. Greater than expected development pipeline of homes for 2021. Covid has accelerated demand. Recent value trade has created a buying opportunity. Yield is 0.69%. (Analysts’ price target is $32.50)