Probably one of the best positioned REITs in Canada. Have done a marvellous job in transforming themselves into higher-quality assets. Recently announced they are going to spin off an industrial portfolio. Management has a clear track record and vision as to where they want to go. 5.6% yield. Still sees upside.
Probably one of the best positioned REITs in Canada. Have done a marvellous job in transforming themselves into higher-quality assets. Recently announced they are going to spin off an industrial portfolio. Management has a clear track record and vision as to where they want to go. 5.6% yield. Still sees upside.
Commercially diversified. (Almost had it as a Top Pick today as he still sees upside in it.) Spinning off their entire industrial portfolio as a standalone REIT but will retain 43% to 46% ownership. Good value at these levels.
(A Top Pick Aug 12/11. Up 31.2%.) 5.7% dividend yield. Expect they will not likely increase the distribution as they are close to 100% on their payout ratio. Mainly office but they have industrial. Hopefully they are going to stop acquiring for a while and will strip out their industrial and be more of a straight office REIT.
(A Top Pick Aug 12/11. Up 31.2%.) 5.7% dividend yield. Expect they will not likely increase the distribution as they are close to 100% on their payout ratio. Mainly office but they have industrial. Hopefully they are going to stop acquiring for a while and will strip out their industrial and be more of a straight office REIT.
More focused on office but spinning out industrial. Likes it. Management has done a good job of growing through acquisitions.