Get 5.5% from Dream Office REIT

Get 5.5% from Dream Office REIT

The evolution of the hybrid work model continues to present significant uncertainty for the future of office properties like those owned by Dream Office REIT. However, the trend appears to be here for the long term.

We feel the firm’s quality properties should continue to attract… Read More

Enjoy 7.9% yield from Dream Office

Enjoy 7.9% yield from Dream Office

Worries about the trend to remote work, even as the pandemic lifted, have weighed on Dream Office REIT. However, its high-quality properties should continue to attract tenants and support its distributions.

The stock trades at just 5.5 times the company’s free cash flow as compared to… Read More

Get a 5.2% yield from Dream Office REIT

Get a 5.2% yield from Dream Office REIT

The pandemic presented this firm with unique challenges. However, it’s remained profitable and is well positioned to keep weathering the crisis—and to increasingly prosper as the economy reopens and rebounds. Meanwhile, the high yield adds appeal.

The shares trade at 17.1 times the 2022 forecast cash… Read More

This ETF holds top REITs

ISHARES S&P/TSX REIT INDEX ETF, $18.83, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 19 Canadian real estate investment trusts in the S&P/TSX REIT Index. Investors pay an MER of 0.61%, and the fund gives you a 3.3% yield.
The… Read More

Get a 4.1% yield from Dream Office REIT

Get a 4.1% yield from Dream Office REIT

Despite the ongoing impact of COVID-19, we still like the outlook for this REIT. In fact, it appears that tours by prospective tenants have returned to pre-pandemic levels.

Leasing rates continue to hold up, and it has not seen any significant rise in tenants changing their… Read More

Hold this top REIT ETF

ISHARES S&P/TSX REIT INDEX ETF, $19.63, is a hold. The ETF (Toronto symbol XRE; buy or sell through brokers; ca.ishares.com) lets investors tap all 19 Canadian real estate investment trusts in the S&P/TSX REIT Index. Investors pay an MER of 0.61%, and the REIT fund gives you a 2.8%… Read More

Dream Office has an overlooked asset

DREAM OFFICE REIT $24 is a buy. The REIT (Toronto symbol D.UN; Cyclical-Growth Dividend Payer Portfolio; Manufacturing sector; Units outstanding: 54.9 million; Market cap: $1.3 billion; Dividend yield: 4.2%; Dividend Sustainability Rating: Average; www.dream.ca) sold roughly 138 properties in 2016 as part of a new strategic plan. Due… Read More

Enjoy a 4.3% yield from Dream Office REIT

Enjoy a 4.3% yield from Dream Office REIT

Demand for office space remains depressed as employees continue to work from home due to COVID-19. However, vaccines should see many offices re-open in the next several months.

That will let this REIT maintain its current payments, or even raise them, despite lower revenues and… Read More