riocan real estate investment trust

RioCan Real Estate Investment Trust (REIT) is one of the largest real estate investment trusts in Canada, focusing on necessity-based retail properties. As of 2024, it owns approximately 188 properties with a net leasable area of about 33 million square feet. Founded in 1993, RioCan has grown significantly through acquisitions and has been recognized for its innovative culture and strong financial performance.

The company aims to optimize the value of its properties through redevelopment and continues to expand its presence in densely populated communities across Canada.

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PENGROWTH ENERGY CORP. $1.18 (Toronto symbol PGF; Aggressive Growth Portfolio, Resources sector; Shares outstanding: 547.7 million; Market cap: $646.3 million; Price-to-sales ratio: 1.1; Dividend suspended in January 2016; TSINetwork Rating: Speculative; www....
RIOCAN REAL ESTATE INVESTMENT TRUST $25.78 (Toronto symbol REI.UN; Units outstanding: 325.6 million; Market cap: $8.5 billion; TSINetwork Rating: Average; Dividend yield: 5.5%; www.riocan.com) is Canada’s largest real estate investment trust.


In the three months ending December 31, 2016, RioCan’s revenue rose only slightly, to $291.6 million from $291.1 million a year earlier....
SHAWCOR LTD. $38 (Toronto symbol SCL; CyclicalGrowth Payer Portfolio, Manufacturing & Industry sector; Shares outstanding: 69.9 million; Market cap: $2.7 billion; Dividend yield: 1.6%; Dividend Sustainability Rating: Above Average; www.shawcor.com) makes sealants and coatings that keep oil and gas pipelines from rusting....
RIOCAN REAL ESTATE INVESTMENT TRUST $27 (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 325.5 million; Market cap: $8.8 billion; Price-to-sales ratio: 7.5; Dividend yield: 5.2%; TSINetwork Rating: Average; www.riocan....
Investing in REITs is an easy way to own real estate in Canada
Dear safe-money investor:


We’ve selected our top picks for 2017—one stock, one real estate investment trust and one ETF. Each offers a particularly attractive combination of long-term growth prospects and a reasonable price.


We feel that investors will profit the most by holding a well-balanced portfolio of high-quality stocks and REITs—like our first two recommendations below.


If you want to supplement your individual stock holdings, then ETFs, like our third recommendation, provide a sound alternative.


BANK OF NOVA SCOTIA $77.89 (Toronto symbol BNS; Shares outstanding: 1.2 billion; Market cap: $94.0 billion; TSINetwork Rating: Above Average; Dividend yield: 3.8%, www.scotiabank.com) is the third largest of Canada’s five biggest banks.


In the three months ended October 31, 2016, the bank earned $1.9 billion, or $1.58 a share....
RIOCAN REAL ESTATE INVESTMENT TRUST $26.84 (Toronto symbol REI.UN; Units outstanding: 325.2 million; Market cap: $8.7 billion; TSINetwork Rating: Average; Dividend yield: 5.3%; ww.riocan.com) is Canada’s largest real estate investment trust.


For the three months ended September 30, 2016, the REIT spent $451 million to acquire new properties....
Dear client:


Owning a home is all the real estate exposure most Canadians need. However, real estate investment trusts (REITs) let investors profit from a wider variety of properties without the risk of finding tenants and collecting rent.


Our top pick among REITs is RioCan....
RIOCAN REAL ESTATE INVESTMENT TRUST $26.78 (Toronto symbol REI.UN; Units outstanding: 325.1 million; Market cap: $8.8 billion; TSINetwork Rating: Average; Dividend yield: 5.3%; www.riocan.com) owns all or part of 301 shopping centres in Canada.


The trust is teaming up with Boardwalk Real Estate Investment Trust (Toronto symbol BEI.UN) to build and operate an 11-storey residential/retail tower in Calgary....
H&R REAL ESTATE INVESTMENT TRUST $21 (Toronto symbol HR.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing & Industry sector; Units o/S: 283.9 million; Market cap: $6.0 billion; Price-to-sales ratio: 5.4; Dividend Sustainability Rating: Above Average; Dividend yield: 6.6%; www.hr-reit.com) owns or has a stake in 515 office buildings, industrial properties and shopping malls across Canada and the U.S....