Two REITs with attractive new properties

CANADIAN REIT $38.74 (Toronto symbol REF.UN; Units outstanding: 67.6 million; Market cap: $2.6 billion; TSINetwork Rating: Extra Risk; Dividend yield: 3.7%; www.creit.ca) owns over 190 properties, including retail, industrial and office buildings, located across Canada and in the Chicago area. These properties contain over 24… Read More

Good time to buy these REITs

CANADIAN REIT $36.18 (Toronto symbol REF.UN; Units outstanding: 67.3 million; Market cap: $2.4 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.0%; www.creit.ca) owns over 160 properties, including retail, industrial and office buildings, located across Canada and in the Chicago area. These properties contain over 24… Read More

New properties add to their appeal

CANADIAN REIT $34.99 (Toronto symbol REF.UN; Units outstanding: 67.0 million; Market cap: $2.4 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.1%; www.creit.ca) owns over 160 properties, including retail, industrial and office buildings, located across Canada and in the Chicago area. These properties contain over 22… Read More

More gains ahead for these REITs

Real estate investment trusts (REITs) are exempt from Ottawa’s income-trust tax, which came into effect on January 1, 2011. That exemption makes REITs’ high yields more attractive, because most trusts have converted to corporations or cut their distributions in response to the new tax.

Our REIT… Read More

Big acquisition for H&R

H&R REAL ESTATE INVESTMENT TRUST $20.48 (Toronto symbol HR.UN; Units outstanding: 144.5 million; Market cap: $3.0 billion; TSINetwork Rating: Extra Risk; Dividend yield: 4.4%; www.hr-reit.com) has agreed to buy 595 Bay Street, 20 & 40 Dundas Street West and 306 Yonge Street in Toronto, which… Read More

Payouts will rise at H&R

H&R REAL ESTATE INVESTMENT TRUST $20.35 (Toronto symbol HR.UN; Units outstanding: 144.5 million; Market cap: $2.9 billion; SI Rating: Extra Risk; Dividend yield: 4.3%; www.hr-reit.com) owns interests in 33 office buildings, 118 industrial properties and 124 retail properties across Canada. H&R has a 99.1% occupancy… Read More