Dundee REIT
Toronto symbol D.UN, owns and operates office, industrial and retail properties.
EUROPEAN GOLDFIELDS $11.95 (Toronto symbol EGU; TSINetwork Rating: Speculative) (44 (20) 7408 9534; www.egoldfields.com; Shares outstanding: 183.8 million; Market cap: $2.2 billion; No dividends paid) is now the subject of a friendly takeover bid from Eldorado Gold (symbol ELD on Toronto). The offer is for 0.85 of an Eldorado share and $0.0001 in cash for each European Goldfields share. European …read more »
DUNDEE REIT $32.70 (Toronto symbol D.UN; TSINetwork Rating: Speculative) (416-365-3535; www.dundeereit.com; Shares outstanding: 58.9 million; Market cap: $1.9 billion; Dividend yield: 6.7%) owns and manages 18.9 million square feet of office, industrial and retail space. The trust has a 95.8% occupancy rate.
In the three months ended September 30, 2011, Dundee’s revenue rose 75.4%, to $110.9 million from $63.2 million a …read more »
DUNDEE REIT, symbol D.UN on Toronto, owns and manages 14.7 million square feet of office, industrial and retail space, including 88 office buildings and 49 industrial properties. The real estate investment trust’s occupancy rate is 96.1%.
In the three months ended March 31, 2011, Dundee’s revenue rose 57.4%, to $91.0 million from $57.8 million a year earlier. Most of the rise …read more »
DUNDEE REIT $13.88 (Toronto symbol D.UN; SI Rating: Speculative) (416-365-3535; www.dundeereit.com; Shares outstanding: 16.9 million; Market cap: $235.2 million) owns and operates seven million square feet of office, industrial and retail space, including 43 office buildings and 36 industrial properties. GE Real Estate holds a 14.3% voting interest in Dundee, and Dundee Corp. holds 16%.
Revenues were $50.4 million in …read more »
DUNDEE REIT $19.26 (Toronto symbol D.UN; SI Rating: Speculative) (416-365-3535; www.dundeereit.com; Shares outstanding: 17.1 million; Market cap: $328.4 million) owns and operates 7.2 million square feet of office, industrial and retail properties. It now holds 42 office buildings and 36 industrial properties. GE Real Estate holds a 14.3% voting interest in Dundee.
The company continues to focus on properties in western …read more »
ISHARES CDN REIT SECTOR INDEX FUND $13.36 (Toronto symbol XRE; buy or sell through a broker) holds the 12 Canadian real estate investment trusts (REITs) in the S&P/TSX Capped REIT Index. The weight of any one REIT in the value of the S&P/TSX Capped REIT Index is limited to 25%.
RioCan REIT makes up 25% of the index’s value; H&R REIT, …read more »
PRT FOREST REGENERATION INCOME FUND $4.05 (Toronto symbol PRT.UN; SI Rating: Speculative) (250-381-1404; www.prtgroup.com; Shares outstanding: 9.6 million; Market cap: $38.9 million) is the largest producer of container-grown forest seedlings in North America.
The company operates 15 nurseries, in B.C., Alberta, Saskatchewan and Ontario in Canada, and in Oregon in the United States. It grows seedlings in environmentally controlled greenhouses and …read more »
ISHARES CDN REIT SECTOR INDEX FUND $13.65 (Toronto symbol XRE; buy or sell through a broker) holds the 12 Canadian real estate investment trusts (REITs) in the S&P/TSX Capped REIT Index. The weight of any one REIT in the value of the S&P/TSX Capped REIT Index is limited to 25%.
RioCan REIT makes up 25% of the index’s value; H&R REIT, …read more »
DUNDEE REIT $36.65 (Toronto symbol D.UN; SI Rating: Speculative) (416-365-3535; www.dundeereit.com; Shares outstanding: 20.8 million; Market cap: $762.3 million) owns and operates 6.3 million square feet of office, industrial and retail properties. It now holds 40 office buildings and 37 industrial properties.
The company is now focused on mid-sized urban and suburban office and industrial properties in western Canada. Earlier this …read more »
ISHARES CDN REIT SECTOR INDEX FUND $16.05 (Toronto symbol XRE; buy or sell through a broker) holds the 12 Canadian real estate investment trusts (REITs) in the S&P/TSX Capped REIT Index. The weight of any one REIT in the value of the S&P/TSX Capped REIT Index is limited to 25%.
RioCan REIT makes up 25% of the index’s value; H&R REIT, …read more »
