Get a 4.6% yield from H&R REIT

Get a 4.6% yield from H&R REIT

The market plunge at the start of the COVID-19 crisis lowered the unit price of most REITs. That’s because the pandemic forced many businesses—and REIT tenants—to temporarily close. However, the pandemic has waned and rental markets are recovering. That will let this REIT maintain, or… Read More

Hang onto this REIT fund

ISHARES S&P/TSX REIT INDEX ETF, $18.40, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 18 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 4.4% yield.
The… Read More

Bright prospects for both parent and spinoff

The market plunge at the start of the COVID-19 crisis lowered the unit price of most REITs. That’s because the pandemic forced many businesses—and REIT tenants—to temporarily close. However, the pandemic has waned, and rental markets are recovering. That will let these two REITs maintain,… Read More

Parent and spinoff offer yield plus growth

The market plunge at the start of the COVID-19 crisis lowered the unit price of most REITs. That’s because the pandemic forced many businesses—and REIT tenants—to temporarily close. However, as the pandemic wanes, the economy is normalizing. That will let these two REITs maintain, or… 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

Primaris REIT: New buy

PRIMARIS REIT, $14.56, is a buy. The trust (Toronto symbol PMZ.UN; units o/s: 101.4 million; Market cap: $1.5 billion; TSINetwork Rating: Average; Yield: 5.5%; www.primarisreit.com) owns 35 enclosed and open air shopping malls in Canada. The occupancy rate is 89.1%.
In January 2022, unitholders of H&R REIT (see left)… Read More

This new retail REIT is attractive

PRIMARIS REAL ESTATE INVESTMENT TRUST $15 is a buy. The REIT (Toronto symbol PMZ.UN; Manufacturing sector; Units outstanding: 98.3 million; Market cap: $1.5 billion; Distribution yield: 5.3%; Takeover Target Rating: Medium; www.primarisreit.com) owns 35 enclosed and open-air shopping malls in Canada. The occupancy rate is 89.1%.
H&R REIT (Toronto symbol… Read More

Primaris REIT is a new buy

PRIMARIS REAL ESTATE INVESTMENT TRUST $15 is a buy. The REIT (Toronto symbol PMZ.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding: 98.3 million; Market cap: $1.5 billion; Distribution yield: 5.3%; Dividend Sustainability Rating: Average; www.primarisreit.com) owns 35 enclosed and open air shopping malls in Canada. The occupancy rate… Read More