Great buy for these two

RIOCAN REAL ESTATE INVESTMENT TRUST $26.69 (Toronto symbol REI.UN; Units outstanding: 296.3 million; Market cap: $7.9 billion; TSINetwork Rating: Average; Dividend yield: 5.2%; www.riocan.com) recently formed a 50/50 joint venture with ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $30.71 (Toronto symbol AP.UN; Units outstanding: 60.0 million;… Read More

Growing REITs with special appeal

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $31.60 (Toronto symbol AP.UN; Units outstanding: 60.0 million; Market cap: $1.9 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.2%; www.alliedpropertiesreit.com) owns 119 office buildings, mostly in major Canadian cities. These mainly Class I properties contain over 8.3 million square… Read More

Our top REIT continues to shine

RioCan’s units have steadily risen in the past year, mainly because its high, stable distributions continue to attract income-seeking investors.

Even after this rise, we feel RioCan still has plenty of growth ahead. It continues to expand in the U.S., and it is diversifying into other… Read More

Diversified REITs with strong prospects

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $29.35 (Toronto symbol AP.UN; Units outstanding: 55.9 million; Market cap: $1.6 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.5%; www.alliedpropertiesreit.com) owns 100 office buildings, mostly in major Canadian cities. These mainly Class I properties contain over 7.8 million square… Read More

Two top REITs for growth and income

All of our real estate investment trust (REIT) recommendations have moved up in the past year, but we think they still have plenty of growth ahead—at relatively low risk.

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $26.07 (Toronto symbol AP.UN; Units outstanding: 51.9 million; Market cap: $1.4… Read More

Smart acquisitions boost these REITs

All of our real estate investment trust (REIT) recommendations are up this year, despite volatile markets. That’s partly because REITs are exempt from Ottawa’s income trust tax, which came into effect on January 1, 2011. That makes REITs’ high yields attractive, because many other trusts… Read More