Allied ups its distribution

ALLIED PROPERTIES REIT $32.09 (Toronto symbol AP.UN; Units outstanding: 68.4 million; Market cap: $2.2 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.4%; www.alliedpropertiesreit.com) bought $400 million worth of properties in 2012. So far this year, it has added a further $179.0 million worth. The trust’s… Read More

Two top REITs for income and gains

RIOCAN REAL ESTATE INVESTMENT TRUST $24.19 (Toronto symbol REI.UN; Units outstanding: 300.7 million; Market cap: $7.3 billion; TSINetwork Rating: Average; Dividend yield: 5.8%; www.riocan.com) is Canada’s largest real estate investment trust (REIT), with interests in 348 shopping malls containing over 83 million square feet of… Read More

Smart purchases brighten their prospects

RIOCAN REAL ESTATE INVESTMENT TRUST $25.37 (Toronto symbol REI.UN; Units outstanding: 300.0 million; Market cap: $7.8 billion; TSINetwork Rating: Average; Dividend yield: 5.6%; www.riocan.com) is Canada’s largest real estate investment trust (REIT). It has interests in 344 shopping malls containing over 84 million square feet… Read More

New property has big potential

RIOCAN REAL ESTATE INVESTMENT TRUST $28.93 (Toronto symbol REI.UN) has teamed up with ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $30.71 (Toronto symbol AP.UN) and privately held Diamond Corp. to buy the Globe & Mail lands in downtown Toronto. Currently the home of The Globe &.. Read More

Updating on TORSTAR CORP., NORDION INC., and RIOCAN REAL ESTATE INVESTMENT TRUST.

TORSTAR CORP. $7.15 (Toronto symbol TS.B; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 79.7 million; Market cap: $569.9 million; Price-to-sales ratio: 0.4; Dividend yield: 7.3%; TSINetwork Rating: Above Average; www.torstar.com) owns romance novel publisher Harlequin, which recently formed a joint venture with Cosmopolitan magazine that… Read More