
TSE:CRT.UN
This summary was created by AI, based on 2 opinions in the last 12 months.
CT Real Estate Investment Trust (CRT.UN-T) has garnered positive reviews from experts highlighting its stability and strong ties with Canadian Tire, which contributes to 92% of its rental income. This relationship not only bolsters the trust's income security but also results in modest growth expectations, estimated at around 2% topline growth leading to approximately 3% bottom line growth. Although the dividend yield is slightly below that of Smartcentres, the experts appreciate CT's management and consider the distribution safe, noting a yield just under 6%. With a focus on stability rather than high growth, CT appears to be a reliable choice in the REIT space and is viewed favorably compared to other options in the market.
They will probably have no trouble collecting their rents. Their business will be challenged by the AMZN-Q model. He would not chase them here as they are expensive.
This is probably the safer way to get a little bit of income into your portfolio without having to take on a lot of volatility. His only concern is that, given that it is a very well capitalized company, if Canadian Tire is going to be a going concern over the course of the next 10-15 years. This is probably a good opportunity to get yield and have a little bit of upside.
Holds Canadian Tire real estate as well as some of the properties. A great company. They have good growth built into their leases and a very good real estate management team. This has been flat for about a year, and is starting to look more attractive. They continue to do very well on their earnings. Many retailers have faced issues, but this is not one of them. However, if that happens, you will end up with buildings in very, very small towns.