Two REITs, two growth strategies

CANADIAN REIT $41.55 (Toronto symbol REF.UN; Units outstanding: 72.8 million; Market cap: $3.1 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.3%; www.creit.ca) owns 198 properties, including retail, industrial and office buildings, across Canada and in Chicago. These holdings contain 24.9 million square feet of leasable… Read More

H&R REIT $23.32 – Toronto symbol HR.UN

H&R REIT $23.32 (Toronto symbol HR.UN; Units outstanding: 275.3 million; Market cap: $6.5 billion; TSINetwork Rating: Extra Risk; Dividend yield: 5.8%; www.hr-reit.com) owns stakes in 45 office buildings, 114 industrial properties and 340 shopping malls in Canada and the U.S.

In December 2014, the REIT… Read More

Rising cash flows keep their payouts high

H&R REIT $23.32 (Toronto symbol HR.UN; Units outstanding: 275.3 million; Market cap: $6.5 billion; TSINetwork Rating: Extra Risk; Dividend yield: 5.8%; www.hr-reit.com) owns stakes in 45 office buildings, 114 industrial properties and 340 shopping malls in Canada and the U.S.

In December 2014, the REIT… Read More

H&R REIT $22.71 – Toronto symbol HR.UN

H&R REIT $22.71 (Toronto symbol HR.UN; Units outstanding: 274.1 million; Market cap: $6.1 billion; TSINetwork Rating: Extra Risk; Dividend yield: 5.9%; www.hr-reit.com) is selling part ownership of 101 industrial properties in Canada and the U.S. for $731 million. In all, these buildings comprise 19.5 million… Read More

H&R unlocks value

H&R REIT $22.71 (Toronto symbol HR.UN; Units outstanding: 274.1 million; Market cap: $6.1 billion; TSINetwork Rating: Extra Risk; Dividend yield: 5.9%; www.hr-reit.com) is selling part ownership of 101 industrial properties in Canada and the U.S. for $731 million. In all, these buildings comprise 19.5 million… Read More

H&R REIT $21.86 – Toronto symbol HR.UN

H&R REIT $21.86 (Toronto symbol HR.UN; Units outstanding: 272.4 million; Market cap: $6.0 billion; TSINetwork Rating: Extra Risk; Dividend yield: 6.2%; www.hr-reit.com) owns stakes in 41 office buildings, 112 industrial properties and 168 shopping malls across Canada.

In March 2013, H&R finished building the Bow, a.. Read More

Innovative growth plans cut their risk

RIOCAN REAL ESTATE INVESTMENT TRUST $25.67 (Toronto symbol REI.UN; Units outstanding: 306.7 million; Market cap: $7.9 billion; TSINetwork Rating: Average; Dividend yield: 5.5%; www.riocan.com) is Canada’s largest real estate investment trust (REIT), with interests in 340 shopping malls containing over 81 million square feet of… Read More

H&R REIT $23.38 – Toronto symbol HR.UN

H&R REIT $23.38 (Toronto symbol HR.UN; Units outstanding: 271.4 million; Market cap: $6.3 billion; TSINetwork Rating: Extra Risk; Dividend yield: 5.8%; www.hr-reit.com) owns stakes in 41 office buildings, 112 industrial properties and 168 shopping malls across Canada. The trust has a 97.9% occupancy rate.

In March… Read More