Canadian Apartment Properties Real Estate Investment Trust T.CAR.UN

Finally......

[AlwaysLong683]

Last I checked todday, TSX down just over 1% today while CAR.UN up almost 3%. Let's see if it holds at the close.......

[Mephistopheles3]

All REIT's had a surge yesterday, I believe  the CAR increase was because InterRent after reporting results had a lot of analyst upgrades and strong comments about their potential.  CAR & InterRent move pretty hand in hand. Futures are looking good for today on this sunny day, so let's see a bit of green to get us back on track for the week!  

[rabnud]

too many reits out there that pay way over double what this one pays 

[Beabaggage]

that is the issue for sure, there is no yield support...low yielding reits are getting clobbered... however there is NAV support and with these apt reits at any time you could see a takeover offer, as big as this one is...an easy swallow for one of these big reit buyers.. long and have been adding recently here.  Bea 

[Defiance2050]

Current yield versus yield on cost. Long term investors from 2007 have a better yield on their cost (let alone the capital appreciation) compared to retail REITS. 

[AlwaysLong683]

I believe if all of CAR.UN's assests were sold on the open market today at their fair current market values, CAR.UN would produce a cash sum per unit signfiicantly higher than it's current unit price.  CAR.UN appearsw conservative in its payout ratio because they are looking for (and have recently purchased) new additions to the portfolio. Yes, it (along with most other Canadian