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Whiterock REIT (WRK.UN.TO)
Financials 
Technical Analysis 0
HOLD
Commercial diversified. Heavily focused in office particularly in Quebec and Regina. Put itself up for sale in January. Waiting to see how things pan out.
Dennis Mitchell, CFAOwned
property mngmntinvestment
COMMENT
A small-cap diversified REIT, office, industrial and retail. Strategy is to buy good-quality real estate in secondary markets and, generally with provincial government tenants. Over distributing. Thinks it will get sold shortly. 3 properties just got sold.
Dennis Mitchell, CFAOwned
property mngmntinvestment
COMMENT
Fairly new and still has to prove itself. There are mixed opinions on this one. Fairly good yield. Is pretty sure it is not earning its distributions. Have a lot of government buildings. Owns some but isn't buying any more.
Charles DillinghamOwned
property mngmntinvestment
BUY
Small micro cap REIT. Commercial, industrial and retail. Good discount at these levels, Over distributing, but thinks they will hit 100% in Q1 or Q2 of 07.
Dennis Mitchell, CFAOwned
property mngmntinvestment
DON'T BUY
Some debate as to how much more they are distributing than they are earning. Still a story to be proven. Big in Quebec and Regina as well as having some places in the Maritimes and Toronto. Heavily leveraged. 9% yield.
Charles DillinghamOwned
property mngmntinvestment
BUY
A commercial diversified REIT. Primarily office with a little bit of retail and industrial. Have aggressively cut their payout ratio to about 120%. Anticipate getting to 100% by Q1 or Q2 in 07. Trading below net asset value. High leverage in the 70% area.
Dennis Mitchell, CFAOwned
property mngmntinvestment
BUY
BUY
Presently in the process of raising money. A very conservative REIT. Tend to have longer-term contracts.
Charles DillinghamOwned
property mngmntinvestment
BUY
There is only one key analyst that covers this. This is a REIT that is focused in the Quebec area with some Saskatchewan properties also. Payout ratio is about 95%. There will be more coverage and good stories coming out as it grows. This is a good opportunity to get in before growth. Good management.
Michael Simpson, CFAOwned
property mngmntinvestment
BUY
There is only one key analyst that covers this. This is a REIT that is focused in the Quebec area with some Saskatchewan properties also. Payout ratio is about 95%. There will be more coverage and good stories coming out as it grows. This is a good opportunity to get in before growth. Good management.
Michael Simpson, CFAOwned
property mngmntinvestment
Showing 31 to 41 of 41 entries
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