A real estate investment trust or REIT is a type of income trust—an investment trust that holds income-producing assets. Their units trade on stock exchanges, but they flow much of their income through to unitholders as “distributions.”
REITs were first set up like mutual funds for real estate, created by the U.S. Congress in 1960. They’re usually publicly traded, and investors like REITs because REITS have a high dividend yield, based on at least 90% of their taxable income.
Canadian REITs must be a corporation that’s taxable, and follow all the rules of being a corporation. They must invest 75% or more of their total assets in real estate and make at least 75% of their gross income from their properties, including rent, financing and sales. Like most stocks that are publicly traded, they live by the rules of exchanges, and require no less than 100 shareholders.
Real estate investment trusts can be lower risk, because they invest in income-producing real estate such as office towers, shopping malls or hotels. Even so, real estate still has risks—its value rises and falls with changes in the economy, interest rates and occupancy levels. Investing in other types of income trusts can be risky as well, as the businesses that underpin them may have steady cash flow, but could stagnate as the economy changes.
Still, REITs are popular among investors seeking income. For you overall portfolio, follow TSI Network and use our three-part Successful Investor strategy:
Discover our complete guide to Canadian wealth management and making the most out of your savings. It’s all in our newly updated report, Wealth Management & Retirement Planning: Canada RRSP Contribution Limit, RRSP Interest Rates, TFSA Contribution Limit and More. And it’s yours FREE!
Look for Canadian REITs that focus on ‘investment inputs’ as well as ‘investment outputs’ especially in 2024’s higher interest rate environment. They should also meet these 9 key criteria.
Top-quality Canadian REITs are among the highest-yielding real estate investments. That’s because many REITs hold high-quality, non-depleting… Read More
Loblaw has come under fire in the past few months from politicians and consumer advocates complaining that it earned “excessive profits” during and after the COVID-19 pandemic. Despite the threats of new taxes and rules on how food sellers operate, the stock has gained an… Read More
Canadian REITs are a good option for those wanting real estate representation in their portfolio
If you want to add to your real estate holdings, one good way to do it is through the best Canadian REITs.
Investing in Canadian REITs lets you hold income-producing real estate… Read More
REIT investing: Real estate investment trusts (including Canadian REITs) can provide you with a stable, profitable way of investing in real estate
Top-quality REITs, Canadian REITs among them, are among the most stable and highest-yielding real estate investments. That’s because many REITs hold high-quality, non-depleting assets,… Read More
SPX TECHNOLOGIES INC., $110.37, symbol SPXC on New York, is a North Carolina-based supplier of HVAC (heating, ventilation and air conditioning) solutions such as cooling towers, residential and commercial boilers, and comfort heating products. The company supplies detection and measurement products such as underground locators,… Read More
ABBVIE INC. $162 is a buy. The company (New York symbol ABBV; Manufacturing sector; Shares outstanding: 1.8 billion; Market cap: $291.6 billion; Dividend yield: 3.8%; Takeover Target Rating: Medium; www.abbvie.com) makes medical devices, diagnostic tests, pediatric and adult nutritional products, and generic drugs.
AbbVie has agreed to acquire ImmunoGen Inc… Read More
TOROMONT INDUSTRIES LTD. $115 (www.toromont.comwww.toromont.com) is a buy. The company distributes bulldozers, backhoe loaders and drills, mainly in eastern Canada and the U.S. It also makes refrigeration systems. The stock has gained 8% in the past year, thanks to new government spending on infrastructure projects and improving availability… Read More
H&R’s spinoff of Primaris let both REITs better focus on their main businesses and expand their cash flow. That improves the sustainability of their current distributions.
H&R REAL ESTATE INVESTMENT TRUST $9.75 is a buy. The REIT (Toronto symbol HR.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units outstanding:… Read More
Here’s what we think about real estate investing in Canada — and it may surprise you
We’re constantly asked about real estate investment in Canada (or investment in Florida real estate, for that matter), and we understand the appeal. Even though today’s house prices still remain… Read More
Consumers are spending less on furniture in response to higher interest rates and inflation. However, Leon’s strong brands will help its sales rebound with the economy. Its plan to spin off its real estate holdings as a REIT will also unlock hidden value.
LEON’S FURNITURE LTD… Read More
Learn everything you need to know in '7 Winning Strategies for Dividend Investors' FREE Special Report from The Successful Investor.
The Best Canadian Dividend Stocks to Buy: REITS Canada and other Top Canadian Dividend Stocks.
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