Enjoy a 5.4% yield from RioCan

Enjoy a 5.4% yield from RioCan

RioCan continues to build new residential, office and industrial properties to cut its exposure to the retail industry. New properties should help the firm raise investor distributions in the next few years.

All in all, the trust remains attractive thanks to its high-quality properties and… Read More

Q: I have followed your recommendations for years and have built a good portfolio on them. I have a question. What do you think of Canadian Apartment Properties REIT’s prospects going forward? Thank you.

A: Canadian Apartment Properties REIT, $48.67, symbol CAR.UN on Toronto (Units outstanding: 167.4 million; Market cap: $8.2 billion; www.capreit.ca) owns multi-unit residential properties, including apartments, townhomes and manufactured home communities (trailer parks). Those rental properties are all located in or near major urban centres in… Read More