Canadian REITs
Compared with the U.S. REIT market, the Canadian REIT market is relatively undeveloped. As a result, REITs are generally not major players in Canadian commercial real estate markets, which tend to be dominated by large institutional investors such as insurance companies and pension funds. Most Canadian REITs are fairly small, and about 20 are currently in the S&P/TSX Composite Index.
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% |