Amazon move spurs H&R

H&R REIT $21.00 (Toronto symbol HR.UN; Units outstanding: 285.7 million; Market cap: $6.1 billion; TSINetwork Rating: Extra Risk; Dividend yield: 6.6%; www.hr-reit.com) should get a boost from Amazon.com’s decision to choose Long Island City as the location for one of its two new headquarters. This Amazon… Read More

These REITs offer dependable distributions

DREAM OFFICE REIT $24 (Toronto symbol D.UN; Cyclical-Growth Dividend Payer Portfolio; Manufacturing sector; Units outstanding: 60.2 million; Market cap: $1.4 billion; Dividend yield: 4.2%; Dividend Sustainability Rating: Average; www.dream.ca) owns 38 office buildings, mainly in major Canadian cities. Altogether, they comprise 7.4 million square feet of leasable space… Read More

Focused growth will power these REITs

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $43.94 (Toronto symbol AP.UN; Units outstanding: 100.3 million; Market cap: $4.4 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.6%; www.alliedreit.com) owns 147 office buildings, mainly in major Canadian cities. Most of those are classified as Class I buildings. Together, they comprise… Read More

These REITs fuel growth with property sales

RIOCAN REAL ESTATE INVESTMENT TRUST $23.63 (Toronto symbol REI.UN; Units outstanding: 322.7 million; Market cap: $7.5 billion; TSINetwork Rating: Average; Dividend yield: 6.1%; www.riocan.com) owns all or part of 284 shopping centres and other properties across Canada. They include 17 projects now under development. In all,… Read More

Property sales help support their dividends

DREAM OFFICE REIT $25 (Toronto symbol D.UN; Cyclical-Growth Dividend Payer Portfolio; Manufacturing sector; Units outstanding: 75.4 million; Market cap: $1.9 billion; Dividend yield: 4.0%; Dividend Sustainability Rating: Average; www.dream.ca) owns 41 office buildings, mainly in major Canadian cities. Together, they comprise over 8.6 million square feet of leasable… Read More

Their focus on top properties will pay off

RIOCAN REAL ESTATE INVESTMENT TRUST $23.49 (Toronto symbol REI.UN; Units outstanding: 322.7 million; Market cap: $7.6 billion; TSINetwork Rating: Average; Dividend yield: 6.1%; www.riocan.com) owns all or part of 294 shopping centres and other properties across Canada. They include 16 properties now under development. In all,… Read More

Smart moves position these REITs for gains

ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST $42 (Toronto symbol AP.UN; Cyclical- Growth Payer Portfolio, Manufacturing & Industry sector; Units outstanding: 92.7 million; Market cap: $3.9 billion; Dividend yield: 3.7%; Dividend Sustainability Rating: Above Average; www.alliedreit.com) owns 157 office buildings, mainly in major Canadian cities. Together,… Read More

H&R expands its cash flow

H&R REAL ESTATE INVESTMENT TRUST $21 (Toronto symbol HR.UN; Cyclical-Growth Dividend Payer Portfolio, Manufacturing sector; Units o/s: 291.1 million; Market cap: $6.1 billion; Divd. yield: 6.6%; Dividend Sustainability Rating: Above Average; www.hr-reit. com) owns 37 office properties, 153 retail properties, 99 industrial properties and 12… Read More