Urban focus enhances RioCan’s prospects

RIOCAN REAL ESTATE INVESTMENT TRUST $25 (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units o/s: 304.6 million; Market cap: $7.6 billion; Price-to-sales ratio: 6.5; Dividend yield: 5.8%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 233 shopping centres and other rental properties in… Read More

ETF taps Canadian REITs

ISHARES CDN REIT INDEX ETF $18.37 (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) holds all 16 Canadian real estate investment trusts in the S&P/TSX REIT Index. This includes retail, residential, office and industrial REITs.
The fund has an MER of 0.61%, and it currently yields a high… Read More

New developments set to spur cash flow

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $47.57 (Toronto symbol AP.UN; Units outstanding: 103.9 million; Market cap: $5.0 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.4%; www.alliedreit.com) owns 151 office buildings, mainly in major Canadian cities. Most of those are classified as Class I buildings. Together, they comprise… Read More

Dividend increase: Allied REIT

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $46 (Toronto symbol AP.UN; Cyclical-Growth Payer Portfolio, Manufacturing & Industry sector; Units outstanding: 103.9 million; Market cap: $4.8 billion; Dividend yield: 3.5%; Dividend Sustainability Rating: Above Average; www.alliedreit.com) owns 147 office buildings, mainly in major Canadian cities. Most of the properties are… 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

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

We don’t like all its holdings

ISHARES CDN REIT INDEX FUND $17.70 (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) holds all 15 Canadian real estate investment trusts in the S&P/TSX REIT Index.
The fund has an MER of 0.61%, and it currently yields a high 4.7%.
The ETF’s top ten holdings are RioCan REIT… Read More