Best Canadian REITs

Real Estate Investment Trusts (REITs) generate healthy dividends and provide wonderful benefits for investors looking to increase their wealth whether it be in their rsp, 401k or cash investment capital accounts. As stated in my introduction to Real Estate Investment Trusts, they provide several benefits beyond dividend distributions, including their ability to fight portfolio depreciation, to reduce risk, and to produce incredible returns. But knowing what sectors, or specific REITs, provide the most promise among the multitude of options out there is valuable information… so I’ve narrowed them down to my top 3 Canadian REITs.

My Top 3 Canadian REITs

Of course, by being so bold as to chose my top 3 Canadian REITs, it has several implications including time based (that is to say these choices may change over time), diversity (I’ll present more than one “sector” of REIT), and discriminating (there are several other REITs with tremendous strength). This list is not to take away from any of the others… but to simply highlight them.

  • Dundee REIT (D.UN.TO) – is a commercial diversified company with excellent leadership. With a larger exposure to the Calgary business market, which has “recovered” very nicely of late, trades at under $15 free cash flow (cheaper than the sector). When looking for a top REIT, the appeal of this growing company with several acquisitions in 2011 stood out as a leader in the REIT choices.
  • Chartwell Seniors Housing REIT (CSH.UN.TO) – is very cheap. While I’m not a big fan of seniors housing, it provides some diversification in what would otherwise be a list of commercial REITs. With a 7%+ yield, if you buy this one on the rise, you’ll benefit not only from the capital appreciation, but also from the strong and stable return.
  • First Capital Realty (FCR.TO) – leads the way with a great management team, with a great portfolio. With continued acquisitions in expensive areas around Toronto, they continue to manage these areas well. This name is a great purchase below $16.

If you’re looking for investments tools you can use to generate healthy dividends and provide wonderful benefits for investors looking to increase their wealth whether it be in their rsp, 401k or cash investment capital accounts, look no further than Real Estate Investment Trusts (REITs) and don’t forget to check out these 3 top Canadian REITs.

6 Comments
  1. Oh wow. I thought I had some grasp of the real-estate market and the stock market but most of this went above my head. Fortunately my brother and dad explained it to me.
    Marissa recently posted..I hate gamblingMy Profile

    • Thanks Marissa for dropping in… you know, I’d love to help you along the way if you have any questions. There’s a lot of newbie investors on here…

  2. Always looking for investment ideas and suggestions. Thanks for the analysis.
    Dr. Dean recently posted..Sleep: A Time Waster?My Profile

  3. Interesting post – i’ve never thought of investing in REITS but would consider it if there was an appropriate vehicle with good returns here in the states.
    Jeff @ Sustainable Life Blog recently posted..Is Getting Your Own Food Cheaper, Part 2My Profile

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