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.
A distribution yielding a high 7.9% appears sustainable for Artis REIT. The company’s concentration of properties in Western Canada does add risk. But its decision to cut back on acquisitions and upgrade its properties is a plus.
ISHARES CDN REIT INDEX FUND $16.61 (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) holds all 15 Canadian real estate investment trusts in the S&P/TSX REIT Index.
The fund has an MER of 0.61%, and it currently yields a high 4.8%.
The ETF’s top ten holdings are RioCan REIT (16.5...
The fund has an MER of 0.61%, and it currently yields a high 4.8%.
The ETF’s top ten holdings are RioCan REIT (16.5...
NorthWest Healthcare Properties REIT has created a unique niche for itself. It owns 146 medical office buildings, clinics and hospitals across Canada and in three other countries. The company continues to add new properties and its revenue and cash flow have soared in recent years. Its distribution yields a high 7.2%. While demographic trends favour this REIT, its growth-by-acquisition strategy adds risk.
These two ETFs scored well at the annual Thomson Reuters Lipper Fund Awards. That reflects their performance over the last three years, along with their scores in other key areas.
However, we continue to recommend investors limit their ETF selection to funds that track established indexes and steer clear of niche approaches such as relying on active management, sector rotation or other trading strategies....
However, we continue to recommend investors limit their ETF selection to funds that track established indexes and steer clear of niche approaches such as relying on active management, sector rotation or other trading strategies....
CANADIAN REIT $49.92 (Toronto symbol REF.UN; Units outstanding: 73.2 million; Market cap: $3.7 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.8%; www.creit.ca) rose 15% after accepting a takeover offer from Choice Properties REIT (Toronto symbol CHP.UN)....
CANADIAN REIT $50 (Toronto symbol REF.UN; Cyclical-Growth Payer Portfolio; Manufacturing & Industry sector; Units o/s: 73.4 million; Market cap: $3.7 billion; Divd. yield: 3.8%; Dividend Sustainability Rating: Above Average; www.creit.ca) has accepted a takeover offer from Choice Properties REIT (Toronto symbol CHP.UN)....
ISHARES CDN REIT INDEX FUND $16.61 (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) holds all 16 Canadian real estate investment trusts in the S&P/TSX REIT Index.
The fund has an MER of 0.61%, and it currently yields a high 4.9%.
The ETF’s top ten holdings are RioCan REIT at 16.4%, H&R REIT (12.8...
The fund has an MER of 0.61%, and it currently yields a high 4.9%.
The ETF’s top ten holdings are RioCan REIT at 16.4%, H&R REIT (12.8...
A: WPT Industrial REIT, $13.10, symbol WIR.U on Toronto (Units outstanding: 44.5 million; Market cap: $583.0 million; www.wptreit.com), is a Canadian REIT that owns and manages industrial properties in the U.S.
Right now, WPT has 52 properties in 15 states....
Right now, WPT has 52 properties in 15 states....
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $41.12 (Toronto symbol AP.UN; Units outstanding: 92.7 million; Market cap: $3.8 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.8%; www. alliedreit.com) owns 157 office buildings, mainly in major Canadian cities....
CANADIAN REIT $46 (Toronto symbol REF.UN; Cyclical-Growth Payer Portfolio; Manufacturing & Industry secotor; Units o/s: 73.4 million; Market cap: $3.4 billion; Dividend yield: 4.1%; Dividend Sustainability Rating: Above Average; www.creit.ca) owns 204 properties across Canada and Chicago, including retail (75), industrial (96), office (17) and residential (1) buildings....