Q: Pat, may I have your thoughts on WPT Industrial REIT and Dream Industrial REIT? I was a shareholder of Pure Industrial REIT with great success until it was bought out. These warehouse REITs appear to be a great way to gain exposure to the online shopping phenomenon.

A: WPT Industrial REIT, $12.78, symbol WIR.U on Toronto (Units outstanding: 44.5 million; Market cap: $568.7 million; www.wptreit.com), is a Canadian REIT that owns and manages industrial properties in the U.S.

Right now, WPT has 54 properties in 15 states. In all, they include 18.1 million… Read More

We’re adding this REIT

CHOICE PROPERTIES REIT $12.48 (Toronto symbol CHP.UN; Units outstanding: 277.2 million; Market cap: $8.3 billion; TSINetwork Rating: Extra Risk; Dividend yield: 5.9%; www.enbridge.com) acquired Canadian REIT (old symbol REF.UN), a recommendation of Canadian Wealth Advisor, on May 7, 2018.
The merger created Canada’s biggest real estate investment trust: 757 properties… Read More

This Canadian REIT’s high yield is built in Europe

This Canadian REIT’s high yield is built in Europe

A Member of Pat McKeough’s Inner Circle asked him about a Canadian REIT that does most of its business outside the country.

Almost all of Dream Global REIT’s properties are in Germany and the Netherlands. Economic conditions in both countries suggest rental income is secure… Read More