RioCan’s rising cash flow is a plus

RIOCAN REAL ESTATE INVESTMENT TRUST $19 is a buy. The REIT (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 300.5 million; Market cap: $5.7 billion; Price-to-sales ratio: 4.7; Distribution yield: 5.8%; TSINetwork Rating: Average; www.riocan.com) owns all or part of 186 shopping centres and… Read More

Two high-yield REITs focused on quality

These REITs own some of the best properties in Canada, with a concentration on its biggest cities. Both offer high yields as well as steady growth prospects. Each is a buy.
ALLIED PROPERTIES REAL ESTATE INVESTMENT TRUST, $17.01, is a buy. The REIT (Toronto symbol AP.UN; Units outstanding:… Read More