High-quality tenants set these REITs apart

While the Omicron variant could lead to more lockdowns, Choice Properties and RioCan’s high-quality tenants should continue to support their current distributions.
CHOICE PROPERTIES REIT $15 is a buy. Canada’s biggest REIT (Toronto symbol CHP.UN; Cyclical-Growth Payer Portfolio; Manufacturing & Industry sector; Units outstanding: 723.3 million; Market cap:… Read More

Our updates keep you on top of your stocks

GEORGE WESTON LTD., $133.40, is a buy. The holding company (Toronto symbol WN; Shares outstanding: 149.8 million; Market cap: $19.2 billion; TSINetwork Rating: Above Average; Dividend yield: 1.8%; www.weston.ca) makes a number of bakery products through Weston Foods. It also owns a 52.6% stake in Loblaw and a 61.7% stake… Read More

Sales can unlock their hidden value

Spinoffs remain a great way for companies to unlock their hidden or under-appreciated assets. However, firms can also opt to unlock that value through a sale. Here are two recent good examples, although we prefer George Weston, over Dorel, for your new buying.
GEORGE WESTON LTD… Read More

Two high-yield REITs with gains ahead

The market plunge at the start of the COVID-19 crisis lowered prices for most REITs. That’s because the pandemic forced many businesses to temporarily close. However, vaccines should see the economy increasingly normalize in the next several months. That will let these two REITs maintain… Read More

Weston sells a big unit

GEORGE WESTON LTD., $136.73, is a buy. The holding company (Toronto symbol WN; Shares o/s: 149.8 million; Market cap: $20.4 billion; TSINetwork Rating: Above Average; Dividend yield: 1.8%; www.weston.ca) makes a number of bakery products through Weston Foods. It also owns a 52.6% stake in Loblaw and a 61.7% stake… Read More

Their high occupancy rates offset your risk

These two retail-focused REITs continue to benefit as many of their tenants remained open despite COVID-19 shutdowns. Those steady cash flows continue to support their distributions.
CHOICE PROPERTIES REIT $15 is a top pick for 2021. Canada’s biggest REIT (Toronto symbol CHP.UN; Cyclical-Growth Payer Portfolio; Manufacturing… Read More

Loblaw gains from narrower focus

Loblaw’s shares have jumped 44% since the start of 2021, and recently hit a new all-time high of $92.00. That’s partly due to a reorganization in 2018 that transferred the company’s real estate business—Choice Properties REIT—to parent George Weston Ltd. The holding company owns 52.6%… Read More

These top REITs are poised for a rebound

The market plunge at the start of the COVID-19 crisis lowered prices for most REITs. That’s because the pandemic forced many businesses to temporarily close. However, vaccines should see the economy normalize in the next several months. That will let these two REITs maintain their… Read More