This REIT ETF is a hold

ISHARES S&P/TSX REIT INDEX ETF, $16.23, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 16 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 high 5.1%… Read More

These REITs offer high, sustainable yields

Allied Properties REIT and RioCan REIT both continue to raise their distributions for investors. And all in all, each trust remains attractive thanks to its high-quality properties and tenants.
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST, $21.96, is a buy. The REIT (Toronto symbol AP.UN; Units outstanding: 128.0 million;… Read More

Hold this top REIT ETF

ISHARES S&P/TSX REIT INDEX ETF, $16.39, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 16 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 4.9% yield.
The… Read More

Enjoy a 5.4% yield from RioCan

Enjoy a 5.4% yield from RioCan

RioCan continues to build new residential, office and industrial properties to cut its exposure to the retail industry. New properties should help the firm raise investor distributions in the next few years.

All in all, the trust remains attractive thanks to its high-quality properties and… 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

Get a 4.8% yield from RioCan REIT

Get a 4.8% yield from RioCan REIT

This REIT mainly operates retail malls, which suffered at the height of the COVID-19 lockdowns of 2020. As a result, it cut distributions by a third.

However, most of its tenants have re-opened their stores and the trust is once again raising its monthly distributions.

We feel… Read More

Enjoy a 5.1% yield with RioCan REIT

Enjoy a 5.1% yield with RioCan REIT

This REIT mainly operates retail malls, which suffered at the height of the COVID-19 lockdowns of 2020. As a result, the REIT cut its distributions by a third.

However, most of its tenants have re-opened their stores and the trust is once again raising its… Read More

Re-opening boosts RioCan

RIOCAN REAL ESTATE INVESTMENT TRUST $21 is a buy. The REIT (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 303.9 million; Market cap: $6.4 billion; Price-to-sales ratio: 5.6; Distribution yield: 4.9%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 202 shopping centres and… Read More

Rising interest rates impact real estate

Apart from the overall market decline, higher interest rates in Canada and the U.S. are the main reason for weakness in the shares of real-estate firms and REITs. So far this year, ETFs holding U.S. and Canadian REIT have lost around 20% of their value.
However,… Read More