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.
Sun Life Financial increased its quarterly dividend 3.8% following acquisition of Assurant Inc., which will expand the insurer’s employee benefits programs.
CANADIAN REIT $48.25 (Toronto symbol REF.UN; Units outstanding: 73.1 million; Market cap: $3.5 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.8%; www.creit.ca) owns 197 properties, including retail, industrial and office buildings, across Canada and in Chicago....
CANADIAN REIT $48.25 (Toronto symbol REF.UN; Units outstanding: 73.1 million; Market cap: $3.5 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.8%; www.creit.ca) owns 197 properties, including retail, industrial and office buildings, across Canada and in Chicago....
Slate Office REIT doubled its earning, cash flow in the latest quarter through its acquisition of Fortis Properties Corp.
ISHARES CDN REIT SECTOR INDEX FUND $16.12 (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.
Expenses for iShares CDN REIT are 0.60% of its assets....
Expenses for iShares CDN REIT are 0.60% of its assets....
ISHARES CDN REIT SECTOR INDEX FUND $16.12 (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.
Expenses for iShares CDN REIT are 0.60% of its assets....
Expenses for iShares CDN REIT are 0.60% of its assets....
CANADIAN REIT $43.00 (Toronto symbol REF.UN; Units outstanding: 73.0 million; Market cap: $3.1 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.2%; www.creit.ca) owns 197 properties, including retail, industrial and office buildings, across Canada and in Chicago. These holdings contain 24.9 million square feet of leasable area. The trust’s occupancy rate is 93.8%. In the three months ended December 31, 2015, Canadian REIT’s revenue rose 1.0%, to $110.6 million from $109.5 million a year earlier. Cash flow per unit gained 1.3%, to $0.76 from $0.754. The trust aims to expand by developing its own properties rather than through large acquisitions. Over the next two to three years, it’s developing 12 projects to add 1.1 million square feet of space. Canadian REIT takes on partners to help carry out big projects....
H&R REIT $18.72 (Toronto symbol HR.UN; Units outstanding: 279.6 million; Market cap: $5.2 billion; TSINetwork Rating: Extra Risk; Dividend yield: 7.2%; www.hr-reit.com) owns or has a stake in 517 office buildings, industrial properties and shopping malls in Canada and the U.S. In all, these holdings include 47.2 million square feet of leasable space. In December 2014, Canadian REIT sold part ownership in 101 industrial properties, or a total of 19.5 million square feet, for $731 million. The buyers included the Canadian Public Sector Pension Investment Board. H&R kept a 50% interest in the Canadian properties and a 49.5% stake in the U.S. portfolio. It continues to manage these assets and receives fees for doing so. H&R also held on to full ownership of 14 other industrial properties....
ISHARES CDN REIT SECTOR INDEX FUND $15.10 (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) holds the 15 Canadian real estate investment trusts in the S&P/TSX Capped REIT Index. Expenses for iShares CDN REIT are 0.60% of its assets. The fund yields 6.0%. The ETF’s largest holding is RioCan REIT at 20.6%, followed by H&R REIT (12.9%), Canadian Apartment Properties REIT (9.2%), Smart REIT (9.1%), Canadian REIT (7.7%), Allied Properties REIT (6.4%), Cominar REIT (6.2%), Dream Office REIT (5.4%), Boardwalk REIT (4.7%), Granite REIT (4.5%), Artis REIT (4.2%), Crombie REIT (2.6%), Dream Global REIT (2.2%), Pure Industrial REIT (2.1%) and Northview Apartment REIT (1.9%)....
CANADIAN REIT $43.00 (Toronto symbol REF.UN; Units outstanding: 73.0 million; Market cap: $3.1 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.2%; www.creit.ca) owns 197 properties, including retail, industrial and office buildings, across Canada and in Chicago. These holdings contain 24.9 million square feet of leasable area. The trust’s occupancy rate is 93.8%. In the three months ended December 31, 2015, Canadian REIT’s revenue rose 1.0%, to $110.6 million from $109.5 million a year earlier. Cash flow per unit gained 1.3%, to $0.76 from $0.754. The trust aims to expand by developing its own properties rather than through large acquisitions. Over the next two to three years, it’s developing 12 projects to add 1.1 million square feet of space. Canadian REIT takes on partners to help carry out big projects....