H&R makes a big purchase

H&R REIT $23.01 (Toronto symbol HR.UN; Units outstanding: 195.2 million; Market cap: $4.5 billion; TSINetwork Rating: Extra Risk; Dividend yield: 5.9%; www.hr-reit.com) reports that acquisitions pushed up its revenue by 29.3% in the three months ended December 31, 2012, to $230.5 million from $178.2 million… Read More

Primaris agrees to takeover

PRIMARIS RETAIL REIT $27.22 (Toronto symbol PMZ.UN; Units outstanding: 98.2 million; Market cap: $2.7 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.7%; www.primarisreit.com) has now agreed to a joint takeover bid from rivals H&R REIT $23.02 (Toronto symbol HR.UN; Units outstanding: 194.7 million; Market cap:… Read More

PRIMARIS RETAIL REAL ESTATE INVESTMENT TRUST $27.02 – Toronto symbol PMZ.UN

PRIMARIS RETAIL REAL ESTATE INVESTMENT TRUST $27.02 (Toronto symbol PMZ.UN; Units outstanding: 97.8 million; Market cap: $2.6 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.7%; www.primarisreit.com) has received a friendly $28-a-share takeover bid.

The offer is from H&R REAL ESTATE INVESTMENT TRUST $23.73 (Toronto symbol HR.UN;… Read More

RIOCAN REAL ESTATE INVESTMENT TRUST $27 – Toronto symbol REI.UN

RIOCAN REAL ESTATE INVESTMENT TRUST $27 (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 299.0 million; Market cap: $8.1 billion; Price-to-sales ratio: 5.3; Dividend yield: 5.2%; TSINetwork Rating: Average; www.riocan.com) has agreed to buy a mall in Oakville, Ontario, plus 50%… Read More

RioCan expands in southern Ontario

RIOCAN REAL ESTATE INVESTMENT TRUST $27 (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 299.0 million; Market cap: $8.1 billion; Price-to-sales ratio: 5.3; Dividend yield: 5.2%; TSINetwork Rating: Average; www.riocan.com) has agreed to buy a mall in Oakville, Ontario, plus 50%… Read More

H&R bids for Primaris

PRIMARIS RETAIL REAL ESTATE INVESTMENT TRUST $27.02 (Toronto symbol PMZ.UN; Units outstanding: 97.8 million; Market cap: $2.6 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.7%; www.primarisreit.com) has received a friendly $28-a-share takeover bid. The offer is from H&R REAL ESTATE INVESTMENT TRUST $23.73 (Toronto symbol… Read More

The Successful Investor Hotline – Friday, December 14, 2012

The Successful Investor Hotline.

Friday, December 14, 2012

Dear client,

ENCANA CORP., $19.96, Toronto symbol ECA, has formed a joint venture with PetroChina International Investment Company Ltd., which is controlled by the Chinese government, to develop its Duvernay property in central Alberta. This field mainly contains natural gas… Read More

Two top safety-conscious REITs

RIOCAN REAL ESTATE INVESTMENT TRUST $27.48 (Toronto symbol REI.UN; Units outstanding: 295.9 million; Market cap: $8.2 billion; TSINetwork Rating: Average; Dividend yield: 5.0%; www.riocan.com) is Canada’s largest real estate investment trust (REIT). It has interests in 278 shopping malls in Canada, including 10 under development… Read More