TSX:AX.PR.E - Post by User
Comment by
Reece1986bon May 01, 2023 10:31am
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Post# 35422701
RE:Frankie et al
RE:Frankie et alMaybe split the money between a few more REITs which could include NWH if you want? DIR.UN looks pretty good to me and I would certainly have a position there were I not already owning it through Dream Office. You could wait until DIR reports tomorrow for a better picture of where you are investing from. I'm sure whatever is reasonable to expect is already baked into tomorrow's earnings at this point so you would be in all likelihood buying additional certainty for probably very little cost and maybe even negative cost if people are waiting for earnings to sell.
There's also AP.UN which should have the UDC sale soon. It's been battered like Artis and Dream Office which means it could go up 20% in a 1 year timeframe and still be below where it traded in January 2023. AP.un is trading below half what it cost in 2019.
There's HR.UN which I know Frankie likes as do I. Not as discounted as Artis however better run in my opinion.
CAR.UN with all the Canadian immigration sure to continue. MI.UN - another popular choice along the same lines. Large discount to replacement cost there.
You could look some more at Artis preferred units if you are uncomfortable with where Artis might trade but feel distributions to preferred unitholders will still be paid.
SNAKEYBOY wrote: Thoughts on NWH? Hoping to transfer money from high risk reits to this healthcare reit with a monster dividend. Im aware payout ratio is terrible at the moment but seems like the place to be