Their focus on major cities will pay off

RIOCAN REAL ESTATE INVESTMENT TRUST $24.48 (Toronto symbol REI.UN; Units outstanding: 310.5 million; Market cap: $7.5 billion; TSINetwork Rating: Average; Dividend yield: 5.9%; www.riocan.com) owns all or part of 250 shopping centres and other properties across Canada. They include 17 projects now under development. In all, the… Read More

Allied’s new project lands a big tenant

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $42 (Toronto symbol AP.UN; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Units o/s: 103.8 million; Market cap: $4.4 billion; Dividend yield: 3.7%; Divd. Sustainability Rating: Above Average; www.alliedreit.com) owns 147 office buildings, mainly in major Canadian cities.
With the January 2018 payment,… Read More

Hold the top North American REITs

The best real estate investment trusts (REITs) have good management and balance sheets strong enough to weather an economic downturn. They also have high-quality tenants. The best ones still do well despite economic slowdowns, and they have also taken advantage of low interest rates to… Read More