REIT stands for real estate investment trust. REITs typically own income producing real estate, and flow most of their earnings through to unitholders. REITs are usually publicly traded, and investors like REITs because they generally have high yields. That’s because they flow at least 90% of their taxable income through to their unitholders.
A REIT company owns real estate and produces income from it. This includes shopping malls, office buildings, hotels and so on. They may also manage real estate for third parties, such as providing property management for condominiums or apartments.
Canadian REITs must be a corporation that’s taxable, and follow all the rules of being a corporation. They must invest 75% or more of their total assets in real estate and make at least 75% of their gross income from their properties, including rent, financing and sales. Like most stocks that are publicly traded, they operate by the rules of exchanges, and require no less than 100 shareholders, and must have more than 50 shareholders.
Like anything in real estate, hidden risks often come dressed up as “investor benefits.” For example, “small town” may sound like a benefit, but small towns often depend on at most a handful of employers. If one of the town’s main employers reduces its operations or shuts down, tenants leave town. As populations shrink, the town’s rental accommodation vacancy rate can go up and stay high indefinitely. Small-town real estate has to provide above-average returns in good times to offset the higher risk of loss when the market turns downward.
If you’re looking to invest in REITs, please keep TSI Network’s three-part Successful Investor philosophy in mind:
Discover how to put an extra strength in your portfolio with our specific advice on how to identify high-quality dividend stocks. It’s all in our newly updated report, Dividend Paying Stocks: How High Dividend Stocks Can Supercharge Your Income Investing. And it’s yours FREE!
Verizon’s impressive subscriber growth and consistent financial performance sets it up for future growth in the competitive telecommunications market.
Strategic acquisitions and divestitures have positioned the company well going forward. And as well, the company’s commitment to shareholder returns (a streak of dividend increases and the… Read More
GARMIN LTD., $224.71, is a buy. The company (symbol GRMN on Nasdaq) makes GPS devices and software for five different markets: fitness, outdoors, auto, aviation, and marine.
The stock rose almost 7% this week to a new all-time high, after the company reported improved results in… Read More
RIOCAN REAL ESTATE INVESTMENT TRUST, $19.41, Toronto symbol REI.UN, is a top pick for 2025.
The REIT owns all or part of 178 shopping centres and mixed-use properties with a net leasable area of 32.2 million square feet. Its occupancy rate is a high 98.0%.
RioCan cut… Read More
A Member of Pat McKeough’s Inner Circle recently asked for his advice on Canadian Apartment Properties REIT, a REIT that specializes in Canadian multi-unit residential properties with additional holdings in the Netherlands.
Pat likes the firm’s dominant market position, solid yield, and impressive financial performance. The… Read More
TC ENERGY INC., $65.49, Toronto symbol TRP, is a top pick for 2025.
On October 1, 2024, TC completed the spinoff of its oil pipeline business as separate company South Bow Corp. (Toronto symbol SOBO). Investors received 0.2 of a South Bow share for every TC… Read More
Investing in REITs (Canada) can help you minimize the risk of owning investment property
REITs (Canada) are the one remaining large category of income trusts; as such, they continue to pay distributions before they pay tax—and that’s good for unitholders of RioCan REIT and others. The… Read More
For 2025, we’ve selected TC Energy, Cisco Systems and RioCan REIT as our top three picks for dividend investors.
All three offer investors high, sustainable dividend yields. Their high-quality businesses will also let them keep raising their dividends for years to come. Moreover, all three stocks… Read More
Office REITs are currently presenting an attractive investment opportunity due to their potential for recovery and growth. After years of underperformance, the sector achieved a total return exceeding 28% in 2024, positioning it among the top performers in the REIT sector. Additionally, office REITs are… Read More
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
A: Granite Real Estate Investment Trust, $68.76, symbol GRT.UN on Toronto (Units outstanding: 62.7 million; Market cap: $4.3 billion; www.granitereit.com), is a real estate investment trust, or REIT. It owns, manages and operates a portfolio of diversified industrial properties.
Granite, originally a part of Magna International… Read More
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The Best Canadian Dividend Stocks to Buy: REITS Canada and other Top Canadian Dividend Stocks.
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We are continuously in the process of improving our sites and services. If any new features or policies require a change to this current policy, we will post a clear notice of this change on pages of our site where the privacy policy appears. The principle behind this privacy policy is to collect information with your knowledge and consent.
What personal information do we collect?
The information we receive from customers helps us personalize and continually improve your online experience at TSI Network. TSI Network may collect personal information online for all legal purposes, which include, but are not limited to:
Information You Give Us: We receive and store any information you enter on our website or give us in any other way through sign-up forms or ordering forms for publications and services. You can choose not to provide certain information, but then you might not be able to take advantage of many of our services and features. We use the information that you provide for such purposes as responding to your requests, customizing your web browsing experience for you, improving our website, and communicating with you.
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We do reserve the right, however, to collect and perform statistical analyses of the internet traffic to our website for our internal use. However, information collected does not allow us to identify any individual, and will not collect any personal information of the visitor. Furthermore, we do not sell, rent or loan to any outside parties the information collected and analyzed.
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Does TSI Network Use the Information It Receives?
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Changes to this Policy
This Policy is the sole authorized statement of TSI Network's practices with respect to the collection of personal information through TSI Network's websites and the subsequent use and disclosure of such information. Any summaries of this Policy generated by third party software or otherwise (for example, in connection with the "Platform for Privacy Preferences" or "P3P") shall have no legal effect, are in no way binding upon TSI Network, shall not be relied upon in substitute for this Policy, and neither supersede nor modify this Policy.
TSI Network may revise this Policy from time to time.
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