Q: Pat: I have read a number of articles on Brookfield Property, and analysts seem very positive. What is your opinion of BPY.UN and what is your top REIT recommendation?

A: Brookfield Property Partners LP, $26.19, symbol BPY.UN on Toronto (Units outstanding: 407.4 million; Market cap: $10.7 billion; www.brookfieldproperties.com), owns, operates and invests in commercial real estate worldwide.

Brookfield Asset Management (symbol BAM.A on Toronto) first sold shares of Brookfield Property Partners to the public in… Read More

RioCan completes key step

RIOCAN REAL ESTATE INVESTMENT TRUST $25 (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 306.8 million; Market cap: $7.7 billion; Price-to-sales ratio: 6.4; Dividend yield: 5.8%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 250 shopping centres and other properties across Canada… Read More

RioCan nears key Milestone

RIOCAN REAL ESTATE INVESTMENT TRUST $24.77 (Toronto symbol REI.UN; Units o/s: 306.8 million; Market cap: $7.5 billion; TSINetwork Rating: Average; Dividend yield: 5.8%; www.riocan.com) is preparing to lease the units of its first rental development, eCentral, in midtown Toronto before the end of this year. Those 466… Read More

Here’s two ways for investors to own REITs

CHOICE PROPERTIES REIT $12.22 (Toronto symbol CHP.UN; Units outstanding: 277.2 million; Market cap: $8.3 billion; TSINetwork Rating: Extra Risk; Dividend yield: 6.1%; www.enbridge.com) acquired Canadian REIT (old symbol REF.UN), a recommendation of Canadian Wealth Advisor, on May 7, 2018.
The merger created Canada’s biggest real estate investment trust: 751 properties… Read More

These REITs feature steady distributions

CHOICE PROPERTIES REIT $12 (Toronto symbol CHP.UN; Cyclical-Growth Payer Portfolio; Manufacturing & Industry sector; Units o/s: 277.2 million; Market cap: $3.3 billion; Divd. yield: 6.2%; Dividend Sustainability Rating: Above Average; www.choicereit.ca) acquired Canadian REIT (old symbol REF.UN) on May 7, 2018. The merger created Canada’s biggest real estate… Read More