Canadian REITs
What Are Canadian REITs?
Canadian Real Estate Investment Trusts (REITs) own and manage a variety of real estate properties across Canada, including residential, commercial, industrial, and retail spaces. These REITs generate income by leasing out properties to tenants, benefiting from both rental income and capital appreciation.
Why Invest?
Canadian REITs offer investors exposure to a stable and diverse real estate market in Canada, with the added benefit of attractive dividend yields. These REITs provide opportunities in both urban and suburban markets, with demand for real estate supported by a strong economy, population growth, and urbanization trends.
Challenges & Outlook
While Canadian REITs face risks from fluctuating interest rates, regulatory changes, and market volatility, they remain resilient due to Canada's strong housing demand and growing commercial sectors. As the country’s real estate market continues to evolve, Canadian REITs provide a reliable investment option for those seeking exposure to real estate in a stable, developed market.
Ticker Symbol | Company Name | Property Sector | Market Cap ($B) | Dividend Yield | Payout Frequency | Price-to-FFO | Debt Ratio | Short Interest | |
---|---|---|---|---|---|---|---|---|---|
CHP.UN | Choice Properties REIT | Canada Retail | 9.41 | 5.72% | Monthly | 13.6 | 38% | 0.8% | |
CAR.UN | CAP REIT | Canada Residential | 8.48 | 2.86% | Monthly | 21.7 | 50% | 1.2% | |
REI.UN | RioCan REIT | Canada Retail | 5.23 | 6.20% | Monthly | 10.1 | 52% | 1.6% | |
GRT.UN | Granite REIT | Canada Diversified | 4.71 | 4.33% | Monthly | 16.7 | 42% | 0.4% | |
SRU.UN | SmartCentres REIT | Canada Retail | 4.01 | 7.90% | Monthly | 11.3 | 47% | 2.8% | |
DIR.UN | Dream Industrial REIT | Canada Industrial | 3.75 | 5.34% | Monthly | 14.7 | 45% | 0.6% | |
BEI.UN | Boardwalk REIT | Canada Residential | 3.68 | 1.62% | Monthly | 23.1 | 58% | 1.8% | |
CRT.UN | Canadian Tire REIT | Canada Retail | 3.22 | 6.55% | Monthly | 10.9 | 33% | 0.6% | |
FCR.UN | First Capital REIT | Canada Diversified | 3.00 | 6.11% | Monthly | 11.7 | 53% | 0.8% | |
CSH.UN | Chartwell Retirement | Canada Healthcare | 2.51 | 5.66% | Monthly | 25.1 | 53% | 0.4% | |
HR.UN | H&R REIT | Canada Diversified | 2.50 | 6.59% | Monthly | 7.8 | 56% | 0.6% | |
AP.UN | Allied Properties | Canada Office | 2.31 | 9.90% | Monthly | 7.5 | 50% | 2.1% | |
KMP.UN | Killam Apartment | Canada Residential | 2.08 | 3.86% | Monthly | 16.3 | 54% | 0.4% | |
IIP.UN | InterRent REIT | Canada Residential | 1.88 | 2.92% | Monthly | 24.3 | 48% | 0.3% | |
CRR.UN | Crombie REIT | Canada Diversified | 1.37 | 6.76% | Monthly | 11.4 | 46% | 0.8% | |
PMZ.UN | Primaris REIT | Canada Retail | 1.24 | 6.47% | Monthly | 8.2 | 41% | 0.9% | |
NWH.UN | NorthWest Healthcare | Canada Healthcare | 1.07 | 8.16% | Monthly | 6.3 | 51% | 6.4% | |
MI.UN | Minto Apartment | Canada Residential | 1.00 | 3.31% | Monthly | 18.3 | 62% | 0.4% | |
HOM.UN | BSR REIT | Canada Residential | 0.82 | 3.62% | Monthly | -- | 61% | 2.3% | |
AX.UN | Artis | Canada Diversified | 0.69 | 9.87% | Monthly | 4.4 | 65% | 6.8% | |
SGR.UN | Slate Grocery REIT | Canada Retail | 0.64 | 8.21% | Monthly | -- | 57% | 0.7% | |
ERE.UN | European Residential | Canada Residential | 0.55 | 7.46% | Monthly | 14.1 | 67% | 0.3% | |
MRG.UN | Morguard NA Residential | Canada Residential | 0.55 | 5.27% | Monthly | 9.8 | 71% | 1.3% | |
NXR.UN | Nexus REIT | Canada Diversified | 0.50 | 8.67% | Monthly | 9.2 | 57% | 0.2% | |
APR.UN | Automotive Properties | Canada Diversified | 0.49 | 7.89% | Monthly | 10.9 | 46% | 4.5% | |
PLZ.UN | Plaza Retail REIT | Canada Retail | 0.38 | 8.21% | Monthly | 8.7 | 61% | 0.8% | |
MRT.UN | Morguard REIT | Canada Diversified | 0.34 | 4.57% | Monthly | 5.9 | 79% | 8.5% | |
D.UN | Dream Office REIT | Canada Office | 0.33 | 11.36% | Monthly | 5.8 | 67% | 11.3% | |
PRV.UN | Pro REIT | Canada Diversified | 0.27 | 9.76% | Monthly | 9.4 | 60% | 0.2% | |
BTB.UN | BTB REIT | Canada Diversified | 0.24 | 10.64% | Monthly | 6.2 | 69% | 4.4% | |
FCD.UN | Firm Capital Property | Canada Diversified | 0.17 | 11.45% | Monthly | 8.4 | 61% | 0.0% | |
TNT.UN | True North Commercial | Canada Diversified | 0.12 | 0.00% | Monthly | 2.3 | 62% | 1.0% | |
NET.UN | Canadian NET REIT | Canada Diversified | 0.10 | 7.37% | Monthly | 7.4 | 24% | 0.2% | |
SOT.UN | Slate Office REIT | Canada Office | 0.05 | 0.00% | Irreg | 1.7 | 78% | 1.1% | |
MR.UN | Melcor REIT | Canada Diversified | 0.05 | 13.08% | Monthly | 4.3 | 85% | 0.2% | |
HOT.UN | American Hotel Income | Canada Hotels | 0.05 | 0.00% | Monthly | 1.2 | 78% | 0.0% | |
INO.UN | Inovalis REIT | Canada Diversified | 0.04 | 0.00% | Monthly | 3.0 | 75% | 1.1% | |
SMU.UN | Summit Industrial Income | Canada Industrial | -- | Monthly | -- | 26% | 0.3% |