REITs have appeal despite higher rates

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… Read More

Get a 5.2% yield from Dream Office REIT

Get a 5.2% yield from Dream Office REIT

The pandemic presented this firm with unique challenges. However, it’s remained profitable and is well positioned to keep weathering the crisis—and to increasingly prosper as the economy reopens and rebounds. Meanwhile, the high yield adds appeal.

The shares trade at 17.1 times the 2022 forecast cash… Read More

This ETF holds top REITs

ISHARES S&P/TSX REIT INDEX ETF, $18.83, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 19 Canadian real estate investment trusts in the S&P/TSX REIT Index. Investors pay an MER of 0.61%, and the fund gives you a 3.3% yield.
The… Read More

Get a 4.1% yield from Dream Office REIT

Get a 4.1% yield from Dream Office REIT

Despite the ongoing impact of COVID-19, we still like the outlook for this REIT. In fact, it appears that tours by prospective tenants have returned to pre-pandemic levels.

Leasing rates continue to hold up, and it has not seen any significant rise in tenants changing their… Read More

Hold this top REIT ETF

ISHARES S&P/TSX REIT INDEX ETF, $19.63, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 19 Canadian real estate investment trusts in the S&P/TSX REIT Index. Investors pay an MER of 0.61%, and the REIT fund gives you a 2.8%… Read More

Dream Office has an overlooked asset

DREAM OFFICE REIT $24 is a buy. The REIT (Toronto symbol D.UN; Cyclical-Growth Dividend Payer Portfolio; Manufacturing sector; Units outstanding: 54.9 million; Market cap: $1.3 billion; Dividend yield: 4.2%; Dividend Sustainability Rating: Average; www.dream.ca) sold roughly 138 properties in 2016 as part of a new strategic plan. Due… Read More

The future is bright for Dream Office

Despite the ongoing impact of COVID-19, we still like the outlook for this REIT. In fact, it appears that tours of Dream’s properties by prospective tenants have returned to pre-pandemic levels; as another good sign, sublet listings within the trust’s portfolio are now below pre-pandemic… Read More

Enjoy a 4.3% yield from Dream Office REIT

Enjoy a 4.3% yield from Dream Office REIT

Demand for office space remains depressed as employees continue to work from home due to COVID-19. However, vaccines should see many offices re-open in the next several months.

That will let this REIT maintain its current payments, or even raise them, despite lower revenues and… Read More

Hold on to this REIT ETF

ISHARES S&P/TSX REIT INDEX ETF, $20.33, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 21 Canadian real estate investment trusts in the S&P/TSX REIT Index.
Investors pay an MER of 0.61%, and the REIT fund gives… Read More