Dream Office REIT focuses on Greater Toronto to yield 3.4%

Dream Office REIT focuses on Greater Toronto to yield 3.4%

Non-essential property sales led to a 10% jump in cash flow for this company during the most-recent quarter.

A recently completed strategic initiative has helped the company lower costs and realize better market value.

The stock trades at 17.5 times the company’s 2020 cash flow forecast.


NEW! The real secrets of successful investing

Successful investors have good habits. Investors who let their emotions rule can face tremendous losses. Pat McKeough’s new report “How to invest in stocks” shows you how to stay in control so that you can make the right decisions even in the worst markets.

Read this FREE report >>

 


DREAM OFFICE… Read More

Tap into the best REITs

ISHARES S&P/TSX REIT INDEX ETF $18.80 (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) holds all 19 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 4.4%.
The ETF’s top holdings are RioCan REIT (14.1%),… Read More

This REIT’s strategy is set to strengthen investor returns

A leading office and retail property owner, this REIT has completed a major restructuring to sell its non-core properties and focus on big urban markets.

The company’s units yield a high 4.1%, which—along with a strong cash flow forecast for 2019—just adds to its appeal.


The Best Stocks Aren't Always Best-Known

They’re some of the most spectacular ‘ready-to-soar’ stocks

And Canadians rarely hear about them.
See them with a 30-day free trial.

Continue Reading >>

 


DREAM… Read More

ETF taps Canadian REITs

ISHARES CDN REIT INDEX ETF $18.37 (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. This includes retail, residential, office and industrial REITs.
The fund has an MER of 0.61%, and it currently yields a high… Read More

Asset sales improve its outlook

DREAM OFFICE REIT $24 (Toronto symbol D.UN; Cyclical-Growth Dividend Payer Portfolio; Manufacturing sector; Units outstanding: 59.8 million; Market cap: $1.4 billion; Dividend yield: 4.2%; Dividend Sustainability Rating: Average; www.dream.ca) launched a three-year strategic plan in 2016. That strategy includes selling non-essential properties in order to realize their full… Read More

Here’s two ways for investors to own REITs

CHOICE PROPERTIES REIT $12.22 (Toronto symbol CHP.UN; Units outstanding: 277.2 million; Market cap: $8.3 billion; TSINetwork Rating: Extra Risk; Dividend yield: 6.1%; www.enbridge.com) acquired Canadian REIT (old symbol REF.UN), a recommendation of Canadian Wealth Advisor, on May 7, 2018.
The merger created Canada’s biggest real estate investment trust: 751 properties… Read More

These leaders continue to transform

DREAM OFFICE REIT $23.82 (Toronto symbol D.UN; TSINetwork Rating: Extra Risk) (416-365-3535; www.dream.ca/office; Units outstanding: 60.0 million; Market cap: $1.6 billion; Dividend yield: 4.2%) owns and manages 34 office and retail properties in major Canadian cities. Altogether, they—including three projects in development—comprise 6.6 million square feet of leaseable… Read More

Q: Pat, may I have your thoughts on WPT Industrial REIT and Dream Industrial REIT? I was a shareholder of Pure Industrial REIT with great success until it was bought out. These warehouse REITs appear to be a great way to gain exposure to the online shopping phenomenon.

A: WPT Industrial REIT, $12.78, symbol WIR.U on Toronto (Units outstanding: 44.5 million; Market cap: $568.7 million; www.wptreit.com), is a Canadian REIT that owns and manages industrial properties in the U.S.

Right now, WPT has 54 properties in 15 states. In all, they include 18.1 million… Read More