Comments on: Canadian REIT Review: Oversold Is Nothing

by: Babak

Thu, 18 Jun 2009 01:56:54 +0000

Lou, XRE is the only ETF that I know of but there are other ways of getting basket exposure. For example, there is the split share REIT SOT.un (and SOT.PR.A). If you’re not sure what a split share is, make sure you read the prospectus so you know exactly what you’re buying. There is also the Sentry Select REIT fund which is a mutual fund.

by: Lou Stouch

Thu, 18 Jun 2009 00:14:17 +0000

An ETF of the Canadian REITs would be something I would take a look at. I did a quick search and came up with an iShares symbol XRE.

Can anyone confirm I have the right symbol?

by: Mr Risk

Mon, 12 Jan 2009 23:18:37 +0000

I’ve been wondering…

It’s a funny thing for executives. Keeping in cash these days nets you no return. Someone else’s stock or the market is scary. Commodities dropped off the map. Bonds are risky to buy if interest rates rise from their historic lows. Real estate scares a lot of people because there is no clear sign of bottom across the world.

You want to buy something you know. Your own company. Especially if it’s the lowest price and valuation you’ve seen in a very long time. And of course, you are positive you can survive the economic and build back value during the eventual upswing. Even for the yield alone when it approaches or exceeds double digits. What else is a better investment for insiders?

by: Use of this blog « Beyond Left Field

Sun, 11 Jan 2009 20:18:34 +0000

[…] Today I came across this article on Canadian REITS, interesting, although since I am in BTE, and it is pretty illiquid, I don’t need another Canadian Stock that is hard to trade. […]

by: Pej

Sun, 11 Jan 2009 00:56:26 +0000

Assets (real estate) WILL fall at least 50%, markets are forward looking. Real estate is overvalued by about 50% to 60%.
Distributions are not save, once profit fall because of lower rental income or higher vacancy or both.
And finally, I haven’t investigated yet, but the Canadian trusts tax benefits are going to disappear by 2011, this impacts energy trusts, so maybe REITs as well.
I am not saying not to buy, I am just saying that it could not be such a bargain after all.

by: Lotus

Sun, 11 Jan 2009 00:28:07 +0000

yeah,but assets did not fall 1./2 or even close! and they continueing to pay monthly with safe distribtion because they are not high leveraged

by: Pej

Sat, 10 Jan 2009 16:14:24 +0000

Hum… No reason for the price to be cut in half?
With their assets collapsing in value (real estate) and a current PER of around 17-20, I wouldn’t call them neither a bargain nor a safe investment.

On a similar area, I am invested in Canadian oil trusts: PGH, AAV, HTE, PWE