canadian reit
Toronto symbol REF.UN, focuses on acquiring properties in prime locations, usually near major metropolitan centres. That attracts strong tenants, maintains high occupancy rates and delivers a reliable stream of rental income.
In early 2022, most real estate stocks and REITs were well on their way to recovering their pre-COVID highs. That was before investor worries about rising interest rates and a potential economic downturn set them back.
Nonetheless, for most real-estate classes (except for offices), occupancies are now mostly in line with pre-pandemic levels, and rents are rising....
Nonetheless, for most real-estate classes (except for offices), occupancies are now mostly in line with pre-pandemic levels, and rents are rising....
Apart from the overall market decline, higher interest rates in Canada and the U.S. are the main reason for weakness in the shares of real-estate firms and REITs. So far this year, ETFs holding U.S. and Canadian REIT have lost around 20% of their value.
However, the outlook for almost all segments of the real estate market are now quite positive....
Most real estate stocks and REITs were well on their way to recovering their pre-COVID highs when interest rates began to rise. But those higher rates worried investors and dramatically slowed that recovery.
Still, for most real-estate classes (except for office buildings), occupancies have risen back to pre-pandemic levels, and rents are rising....
Still, for most real-estate classes (except for office buildings), occupancies have risen back to pre-pandemic levels, and rents are rising....
October turned out to be a great month for all kinds of riskier assets. Top performers were commodities, with oil and copper leading the way. Precious metal producers also made strong gains while the energy and commodity-heavy Canadian indexes were spurred by those gains....
DANAHER CORP. $325 is a buy. The company (New York symbol DHR; Manufacturing sector; Shares outstanding: 713.9 million; Market cap: $232.0 billion; Dividend yield: 0.3%; Takeover Target Rating: Medium; www.danaher.com) is a leading maker of precision-testing equipment and tools....
While inflation pressures appear to be rising, consumer prices have seen only modest increases so far. Still, factors leading to a sharper rise may be building. They include today’s very low interest rates and the massive spending and borrowing by governments around the world to inject money into the economy....
We have selected Choice Properties REIT as one of our three top picks for 2021 (BCE and Pfizer are the other two picks).
The units held up well last year—and the trust maintained its distributions—despite retail shutdowns due to COVID-19. That’s mainly because its high-quality tenants, such as supermarkets and pharmacies, remained open as “essential” businesses....
The units held up well last year—and the trust maintained its distributions—despite retail shutdowns due to COVID-19. That’s mainly because its high-quality tenants, such as supermarkets and pharmacies, remained open as “essential” businesses....
Investors who owned marijuana or energy stocks in the first quarter of 2021 saw considerable gains for these investments. Other big winners in the first quarter were U.S. homebuilders, value stocks, financials, agricultural equities, and mid- and small-cap stocks.
Stocks had another good quarter....
Stocks had another good quarter....
A: WPT Industrial REIT, $15.39, symbol WIR.U on Toronto (Units outstanding: 87.1 million; Market cap: $1.3 billion; www.wptreit.com), is a Canadian REIT that owns and manages industrial properties in the U.S.
Right now, WPT has 99 properties in 20 states....
Right now, WPT has 99 properties in 20 states....
The COVID-19 pandemic has significantly impacted the global economy. Some businesses—like online retailers and video conferencing providers— have thrived. Many others have suffered, with their demand disappearing overnight. However, as businesses and consumers continue to adjust—and vaccines are distributed—these funds aim to strongly benefit from that recovery....