TR Property Investment Trust - TRY - Share Chat

This investment trust invests in property companies and direct property holdings in the UK and Europe.

Sorry for necrobumping but Iā€™ve been building a position in TR Property, so I could hardly resist.

Anyone else hold this? Anyone at all? :laughing:

I may be alone but I think TRY will continue to outperform in the long run.

This write-up gives a good overview of the trust despite being commissioned by its management group:

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You learn something new every day.

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I assume that thatā€™s where this forumā€™s ā€œRevive this topic?ā€ warning comes from but I may be wrong!

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Iā€™m a fellow holder!

Thanks for the info, I really like this investment trust, aim to keep topping it up. :smile:

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Phew, Iā€™m glad Iā€™m not the only one!

TRY is my only dedicated property holding. I figure itā€™s simpler than buying a bunch of Reits for residential, commercial, industrial etc and, arguably, a better option than a passive tracker.

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Not a fan of property in general.
This is a way of getting someone else to do the research for you. They should be more informed than us peasants.
You are paying Management fees twice.
Seen a podcast by the manager recently saying, the shares they own are on a 30% discount and they are on a 10% discount.
They invest across Europe as well as the UK.
Objective
ā€œTo maximise total returns of shareholders by investing in the shares and securities of property companies and property related businesses internationally and also in investment property located in the UKā€
"Compare investment companies | The AIC
Returns over 1 and 5 years are dire. Mainly i would assume as a product of the big to very big falls in reit share prices.
4.87% dividend.
The only companies in its sector

https://www.theaic.co.uk/aic/find-compare-investment-companies?sec=PPS&sortid=SPTR5Y&desc=true

This share is my largest holding!

Been battered recently and now represents a rising yield of around 5% with potential big capital upside going by past performance (usual caveats).

The dividend is covered by 1.48 years at Ā£72m odd in revenue reserves.

Not much to dislike at current prices.

However I understand that if you have a higher buy average, it probably feels like a bad place to be right now.

Anyone else a fan?

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Count me in. TRYā€™s probably been my biggest conviction buy over the past year and Iā€™m pleased with an average price of Ā£2.75.

As I see it, thereā€™s not that much room to fall from here (famous last words), a healthy dividend and plenty of room for capital growth.

Itā€™s becoming one of the biggest holdings in my Isa, so Iā€™ll probably stop adding to it for now unless another dip proves too tempting.

As TRYā€™s focused on Europe, I like the idea of pairing it with a handful of US Reits.

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Iā€™m waiting for their annual results webinar, hearing Marcus talk and talk about property doesnā€™t get old, letā€™s hope itā€™s soon.

This is the latest one before they announced their year end results.

https://gillenmarkets.com/webinars/gillenmarkets-and-tr-property-webinar/