riocan
Toronto symbol REI.UN, is Canada’s largest REIT. It specializes in large, Big Box-style retail shopping centres.
Choice Properties and RioCan are especially attractive right now to income investors for their high and steady distributions. Both are buys.
CHOICE PROPERTIES REIT, $15.17, is a buy. Canada’s biggest REIT (Toronto symbol CHP.UN; Units o/s: 723.8 million; Market cap: $11.0 billion; TSINetwork Rating: Average; Dividend yield: 5.2%; www.choicereit.ca) owns 699 properties, for a total of 68.6 million square feet of retail, industrial, mixed-use and residential space.
CHOICE PROPERTIES REIT, $15.17, is a buy. Canada’s biggest REIT (Toronto symbol CHP.UN; Units o/s: 723.8 million; Market cap: $11.0 billion; TSINetwork Rating: Average; Dividend yield: 5.2%; www.choicereit.ca) owns 699 properties, for a total of 68.6 million square feet of retail, industrial, mixed-use and residential space.
Investors want to know what we think about real estate investing in Canada — and the answers may surprise you.
BANK OF NOVA SCOTIA, $124.07, is a buy. The lender (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $148.9 billion; TSINetwork Rating: Above Average; Dividend yield: 3.7%; www.scotiabank.com) now expects its 14.92% stake in U.S.-based KeyCorp will contribute $90 million (Canadian) to its earnings before unusual items for the fiscal 2026 third quarter, ended July 31, 2026.
RIOCAN REAL ESTATE INVESTMENT TRUST, $22.94, is a buy. The REIT (Toronto symbol REI.UN; Units outstanding: 290.6 million; Market cap: $6.7 billion; TSINetwork Rating: Average; Dividend yield: 5.0%; www.riocan.com) will now redevelop the former Hudson’s Bay Company space at Georgian Mall with the addition of three new tenants: Longo’s, GYMVMT by GoodLife Fitness, and Mark’s.
The new tenants are expected to open in 2027, with a temporary Mark’s location opening in advance of the permanent store, says RioCan.
The new tenants are expected to open in 2027, with a temporary Mark’s location opening in advance of the permanent store, says RioCan.
REITs Canada is the remaining category of income trusts, continue to pay distributions before they pay tax—and that’s good for unitholders.
RIOCAN REAL ESTATE INVESTMENT TRUST, $21.95, is now selling its remaining residential properties, which will leave it to focus on its high-quality retail properties.
Under that plan, it is selling its 50% stake in a residential tower that’s part of The Well, a mixed-use complex in downtown Toronto. It’s also selling two 100%-owned properties in Montreal. The trust has not yet said how much it will receive from these transactions.
Under that plan, it is selling its 50% stake in a residential tower that’s part of The Well, a mixed-use complex in downtown Toronto. It’s also selling two 100%-owned properties in Montreal. The trust has not yet said how much it will receive from these transactions.
Canadian REITs are a good option for those wanting real estate representation in their portfolio
RIOCAN REAL ESTATE INVESTMENT TRUST $20 is a buy. The REIT (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 292.7 million; Market cap: $5.9 billion; Price-to-sales ratio: 4.1; Distribution yield: 5.8%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 173 shopping centres and other properties across Canada. Its occupancy rate is a high 97.8%.
The REIT continues to convert its properties to grocery-anchored malls, which encourages repeat traffic. In the past two years, it has added grocery stores to 10 of its properties.
The REIT continues to convert its properties to grocery-anchored malls, which encourages repeat traffic. In the past two years, it has added grocery stores to 10 of its properties.
The BMO Low Volatility Canadian Equity ETF selects the 40 lowest beta stocks from the 100 largest and most liquid securities in Canada.
RIOCAN REAL ESTATE INVESTMENT TRUST, $17.41, Toronto symbol REI.UN, is a top pick for 2025.
The REIT owns all or part of 177 shopping centres and other properties across Canada, including eight under development. Its occupancy rate is a high 98.0%.
RioCan cut its monthly distribution by 33.3% to $0.96 a unit (on an annual basis) in February 2021 as retailers shut down due to the COVID-19 pandemic....
The REIT owns all or part of 177 shopping centres and other properties across Canada, including eight under development. Its occupancy rate is a high 98.0%.
RioCan cut its monthly distribution by 33.3% to $0.96 a unit (on an annual basis) in February 2021 as retailers shut down due to the COVID-19 pandemic....