TSX:APR.UN - Post by User
Post by
Dartmam32on Nov 26, 2018 4:00pm
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Post# 29023396
its time to buy APR.un
its time to buy APR.unThe time has come to start buying APR.un. it now pays more than an 8% dividend. With all the job losses coming next year from GM and a weaker economic outlook it is very unlikely that we will see as many rate hikes as was previously expected.That will eventually be good news for reits. Most money managers have stayed away from apr leaning more towards industrial reits. Thats not a good idea. With this GM closure and a weaker economy you will see a lot of industrial space come available. Automotive dealerships will always be in big demand. Even with the eventual arrival of the electric car. You just dont see many dealerships closing down. APR has a 100% occuponcy at this time. It is one of the few reits that should be purchaced in this enviroment. the other one that looks good to me with a little lower dividend but a much higher market cap is Choice Properties. CHP.un at 11.96 PER SHARE.