Post by
thenewsnake on Nov 17, 2020 9:53pm
HR outperformed
I don't think this is in the bargain bin that much anymore (relative to OTHER reit discounts) right now anymore. It outperformed lately. I remember when it was only $1 ahead of Artis and Cominar, now it's a big spread.
Comment by
SeekAlpha81 on Nov 17, 2020 10:23pm
I wouldn't touch Cominar with a 10foot pole. Artis has had a solid run as well... H&R is still 40pct off NAV where Artis is around 30pct off. Keep in mind when things improve we can see some big NAV increases for H&R... We have 600mil + in properties about to hit the books as well.
Comment by
gashole on Nov 18, 2020 9:29am
CUF is garbage, or next to it.... they had to cut the dividend long before the covid thing hit,.. they have serious issues. I lost some money owning it (not too much), held it for a year or so, but dumped it when things started to look bad a couple years ago. Only reit I can think of that has cut its dividend twice in last 2 or 3 years.
Comment by
SeekAlpha81 on Nov 18, 2020 10:21am
I work near an area filled with Cominar office and retail buildings. I can tell you're they're ghost towns right now. They didn't look too hot before the pandemic!
Comment by
thenewsnake on Nov 18, 2020 10:30am
Michael D'allaire, former CEO, ran a ponsy scheme with his construction company getting the deals. They showed him the door fast