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:
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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
ITT INC., $135.04, symbol ITT on New York, manufactures highly engineered critical components and customized technology solutions primarily for the transportation, industrial and energy markets. It operates in three primary segments: Motion Technologies (44% of revenue), Industrial Process (34%), and Connect & Control Technologies (22%).
Geographically,… 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
BCE INC., $45.62, Toronto symbol BCE, is still a buy.
The company is Canada’s largest traditional telephone service provider. It has 1.98 million residential customers in Ontario, Quebec, Manitoba and the Atlantic provinces. It also has 4.50 million high-speed Internet users and 2.08 million fibre-optic TV… Read More
DREAM OFFICE REAL ESTATE INVESTMENT TRUST $18 is a buy. The REIT (Toronto symbol D.UN; Cyclical-Growth Dividend Payer Portfolio; Manufacturing sector; Units outstanding: 19.4 million; Market cap: $349.2 million; Dividend yield: 5.6%; Dividend Sustainability Rating: Average; www.dream.ca) owns 28 office properties, including two under development. The downtown Toronto market… Read More
Dividend investors tend to avoid small cap stocks over concerns that they are riskier than bigger firms. However, you can cut than risk with high-quality firms such as Leon’s and Russel. Both are leaders in their markets.
LEON’S FURNITURE LTD. $22 is a buy. The retailer (Toronto symbol… Read More
The work continues for these two REITs as they unload their less-promising properties to focus on their main assets. That sets them up for future gains and lets them maintain their current payouts.
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $17 is a buy. The REIT (Toronto symbol AP.UN;… Read More
Look for Canadian REITs that meet these 9 key criteria
Top-quality Canadian REITs are among the most stable and highest-yielding real estate investments–even despite the market changes ushered in because of the pandemic. That’s because many REITs hold high-quality, non-depleting assets, and have taken advantage of… Read More
These two REITs focus mainly on retail shopping malls, which adds risk. However, their high-quality properties continue to attract new tenants and help retain existing ones. As a result, both REITs recently raised their distributions.
RIOCAN REAL ESTATE INVESTMENT TRUST $18 is a buy. The REIT (Toronto symbol… Read More
Learn everything you need to know in 'The Canadian Guide on How to Invest in Stocks Successfully' FREE Special Report from The Successful Investor.
How to Invest In Stocks Guide: Find 10 factors that make your investments safer and stronger.
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