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Monty Spivak
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Technology and business consultant, who invests in Canada Europe, Australia, and USA. Deep financial sector and financial services experience from both business and technology perspectives. A do-it-yourself income investor, who is always evaluating and seeking high-yield and long-term, long... More
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SPING Consulting Services Limited
  • Analyzing Canadian REITs, Part XI - Alphabetic Listing Of All Canadian Real Estate Companies 3 comments
    Feb 15, 2012 11:15 AM
    To wrap up the series of Canadian real estate companies, I am providing an alphabetic listing of all of the REIT units and common shares.

    Please note that the "Article #" column is the article in this series with the details on the respective security; for example, if you would like more information on Scott's REIT, then refer to Part V of this series.

     

     

    NameCDN TickerUS TickerUS RECENTUS 52-WK HIGHUS 52-WK LOWArticle #SectorPayout Ratio %YieldMarket Cap $k
    Allied Properties REITAP.UNAPYRF.PK24.613225.145520.91283Office315.20%$1,294,381
    Amica Mature LifestylesACCOTC:ACCKF7.415N/AN/A7Retirement/Nursing Homes/Healthcare914.80%$177,493
    Arbor Memorial Services IncABO.A or ABO.BOTC:AROAF or OTC:AROBFN/AN/AN/A7CemetariesN/A1.90%$232,609
    Artis REIT (formerly Westfield REIT)AX.UNOTC:ARESF13.814.985710.46652Diversified307.70%$1,181,487
    Becker Milk CompanyBEK.BN/AN/AN/AN/A5Retail586.10%$20,796
    BMO Equal Weight REITs Index ETFZREN/AN/AN/AN/A8FundN/A  
    Boardwalk REITBEI.UNOTCPK:BOWFF49.873353.498941.11534Residential93.50%$2,684,842
    Brookfield Office PropertiesBPOBPO15.6420.0712.83Office133.50%$8,226,168
    Brookfield Office Properties CanadaBOX.UNBOXCN/AN/AN/A3Office344.40%$634,660
    Brookfield Real Estate Services IncBREOTCPK:BREUF12.194616.16110.91959RE Broker1298.70%$119,971
    BTB REITBTB.UNOTC:BTBIF0.87750.97510.7043Industrial599.10%$65,111
    Calloway REITCWT.UNOTC:CWYUF25.891727.14723.41465Retail915.80%$2,757,085
    Canadian Apartment Properties REITCAR.UNOTC:CDPYF22.0322.116517.2914Residential144.80%$1,730,514
    Canadian REITREF.UNOTC:CRXIF35.2360.052Diversified204.00%$2,451,728
    Canadian REIT Income FundRIU.UNN/AN/AN/AN/A8FundN/A5.90%$44,412
    Canmarc REIT (formerly: Homburg Canada REIT)CMQ.UNCANNF.PK15.625615.7911.8812DiversifiedN/A6.00%$822,519
    Centurion Apartment REITN/AN/AN/AN/AN/A4Residential - Private REITN/A  
    Chartwell Senior Housing REITCSH.UNOTC:CWSRF8.29919.55176.66177Retirement/Nursing Homes/HealthcareN/A6.20%$1,229,444
    Cineplex Inc.CGXOTC:CPXGF25.4538.8521.25816Leisure1725.00%$1,516,349
    Claymore Global Real Estate ETFCGRN/AN/AN/AN/A8InternationalN/A  
    ClubLink Enterprises LimitedCLKCLKXF.PK6.015N/AN/A6Leisure604.60%$179,665
    Cominar REITCUF.UNOTC:CMLEF21.493324.089820.66172Diversified796.60%$1,540,289
    Criterion REIT (formerly: Split REIT Opportunity Trust)SOT.UNN/AN/AN/AN/A8Fund93.00%$11,796
    Crombie REITCRR.UNOTC:CROMF12.832514.087311.83555Retail1626.40%$495,621
    Dundee International REITDI.UNN/AN/AN/AN/A8InternationalN/A8.00%$438,500
    Dundee REITD.UNOTC:DRETF32.15235.340828.72532Diversified366.70%$2,140,046
    Extendicare REITEXE.UNOTCPK:EXETF8.4313.8745.82257Retirement/Nursing Homes/Healthcare4419.90%$711,106
    Firm Capital Mortgage Investment CorporationFCOTC:FCMGF12.89N/AN/A9Mortgage1017.20%$190,240
    First Asset REIT Income FundRIT.UNN/AN/AN/AN/A8Fund205.30%$87,822
    First Capital RealtyFCROTC:FCRGFN/AN/AN/A5Retail444.60%$2,970,171
    First National Financial CorporationFNN/AN/AN/AN/A9Mortgage1047.10%$1,051,229
    GT Canada Medical Properties REITMOB.UNN/AN/AN/AN/A7Retirement/Nursing Homes/Healthcare85.20%$17,384
    H&R REITHR.UNOTCPK:HRUFF22.357123.219218.79452Diversified1424.70%$3,662,712
    HOMEQ CorporationHEQN/AN/AN/AN/A9Mortgage1814.60%$88,224
    InnVest REITINN.UNOTC:IVRVF3.96987.543.256Hospitality209.10%$411,567
    InterRent REITIIP.UNOTC:IIPZF3.1213.1311.53854Residential363.80%$102,332
    iShares S&P/TSX Capped REIT IndexXREN/AN/AN/AN/A8FundN/A  
    Killam PropertiesKMPOTC:KMPPF11.1931N/AN/A4Residential495.10%$511,901
    Landstar Properties Inc.LPI.HN/AN/AN/AN/A9DevelopmentN/A  
    League Assets REIT (IGW REIT)N/AN/AN/AN/AN/A4Residential - Private REITN/A  
    Madison Pacific PropertiesMPCOTC:MDPCF3.3301  3Industrial353.10%$192,923
    MCAN Mortgage CorporationMKPOTC:MAMTF14.059N/AN/A9Mortgage1158.20%$220,887
    Medical Facilities Corp.DROTCPK:MFCSF11.44513.848.57117Retirement/Nursing Homes/HealthcareN/A9.40%$333,348
    Melcor DevelopmentsMRDOTC:MODVF12.769517.290811.65572Diversified243.20%$377,473
    MI DevelopmentsMIMMIM31.9833.4923.713IndustrialN/A6.30%$1,528,006
    Morguard CorporationMRCOTC:MRCBF70.940177.5253512Diversified50.80%$969,260
    Morguard REITMRT.UNOTC:MGRUF15.380516.55754.30012Diversified305.60%$915,245
    Morguard Sunstone Real Estate Income FundMSN.UNN/AN/AN/AN/A8FundN/A6.70%$27,751
    Northampton Group Inc.NHGN/AN/AN/AN/A6HospitalityN/A2.90%$17,735
    Northern Property Real Estate TrustNPR.UNNPRUF.PK28.499332.679524.40384Residential385.10%$877,023
    NorthWest Healthcare Properties REITNWH.UNNWHUF.PK11.28712.559210.97797Retirement/Nursing Homes/Healthcare346.90%$493,328
    Park Lawn CorporationPLCN/AN/AN/AN/A7CemetariesN/A6.40%$25,099
    Parkhurst Asset CorpN/AN/AN/AN/AN/A4ResidentialN/A  
    Partners Real Estate Investment TrustPAR.UNOTC:PTSRF1.81.89051.4225Retail1378.80%$56,175
    Plazacorp Retail PropertiesPLZN/AN/AN/AN/A5Retail514.50%$273,515
    Primaris REITPMZ.UNOTC:PMZFF20.301523.0218.46915Retail215.90%$1,710,798
    Pure Industrial REITAAR.UNPDTRF.PKN/AN/A4.00483IndustrialN/A7.20%$210,552
    REIT INDEXPLUS Income FundIDR.UNN/AN/AN/AN/A8FundN/A7.50%$151,110
    Retrocom Mid Market REITRMM.UNOTC:RTRCF5.09836.2923.9875Retail608.60%$184,975
    Riocan REITREI.UNOTCPK:RIOCF26.0528.42225Retail445.30%$6,974,606
    Scotts REITSRQ.UNOTC:SOREF4.79638.19754.2355Retail19517.40%$34,072
    Skyline REITN/AN/AN/AN/AN/A4Residential - Private REITN/A  
    Temple REITTR.UNOTC:TRLSF4.28764.9713.64016Hospitality1991610.00%$87,670
    Timbercreek Global Real Estate FundTGF.UNN/AN/AN/AN/A8InternationalN/A7.70%$147,347
    Timbercreek Mortgage Investment CorpTMCN/AN/AN/AN/A9MortgageN/A7.90%$342,777
    TransGlobe Apartment REITTGA.UNTNGBF.PK11.042511.9110.48894Residential336.40%$673,347
    Tricon Capital GroupTCNN/AN/AN/AN/A9Development5505.70%$76,612
    Wall FinancialWFCN/AN/AN/AN/A2Diversified1479.80%$372,856
    Whistler Blackcomb Holdings Inc.WBOTC:WSBHF9.921512.90079.1566Leisure5028.60%$382,638
    Whiterock REITWRK.UNOTC:WRKUF12.980420.8899.92Diversified718.40%$447,014

    Details for each of these securities are identified in the respective articles and (for funds) Instablog. I have identified the date published in parentheses, and they are sequenced from the most recent to the oldest date:

    1. Analyzing Canadian REITs, Part X: Highest Yields and Lowest Risks (2012-02-14)
    2. Analyzing Canadian REITs, Part IX: Real Estate Development Companies, Mortgage Corporations, And Brokers (2012-02-08)
    3. Analyzing Canadian REITs, Part VIII: Brookfield Asset Management And Real Estate Funds (21012-02-02)
    4. Canadian Real Estate Funds And Canadian-Traded International REITs (Part VIII-A) (Instablog: 2012-01-31):
    5. Analyzing Canadian REITs, Part VII: Retirement, Nursing Homes, Healthcare And Cemeteries (2012-01-20)
    6. Analyzing Canadian REITs, Part VI: Hospitality, Hotel And Leisure (2012-01-15)
    7. Canadian Real Estate Companies and Trusts, Part V: Retail (2012-01-11)
    8. Analyzing Canadian REITs, Part IV: Residential (2012-01-10)
    9. Analyzing Canadian REITs, Part III: Commercial, Industrial, And Office (2012-01-10)
    10. Analyzing Canadian REITs, Part II: Diversified Office, Retail, And Industrial (2012-01-10)
    11. Analyzing Canadian REITs, Part I (2012-01-09)
    I hope that you find these lists and descriptions a useful resource for your investment research.

    Disclosure: I am long OTC:ARESF, OTC:DRETF, OTCPK:HRUFF, OTC:WRKUF, OTC:CDPYF, OTC:KMPPF, OTC:CROMF, OTC:RTRCF, OTCPK:RIOCF, OTC:CWSRF, OTCPK:EXETF, OTCPK:MFCSF.

    Additional disclosure: Also long NWHUF.PK

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Comments (3)
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  • SDS (Seductive Dividend Sto...
    , contributor
    Comments (3474) | Send Message
     
    Thank you Monty for the papers!
    12 Feb 2012, 06:12 PM Reply Like
  • Philipsonh
    , contributor
    Comments (997) | Send Message
     
    Monty, BTB Reit should be considered in the Office/Retail sector as it holds only 3 industrial properties according to the current data.
    Thanks for all the work you have put into this series
    Howard
    13 Feb 2012, 02:19 PM Reply Like
  • Monty Spivak
    , contributor
    Comments (130) | Send Message
     
    Author’s reply » Hi,

     

    Thanks for your positive feedback and suggestions.

     

    Although I recognize the validity of recategorizing BTB REIT, it would create "referential integrity" issues between this table and the cross-referenced articles. Therefore, I ask that you accept a few inconsistencies... There are others - another reader had suggested that Medical Facilities Corp not be considered a real estate investment. Clearly, some of the categorization is open for negotiation :)

     

    I cannot believe the price levels that Canadian real estate, and Canadian real estate securities have attained. Although my approach is to treat this part of my portfolio as a "HOLD", I have sold much of my Canadian Bank position, as I believe that both sectors have the same return drivers (and the banks pay a lower yield). Again, please be as careful when you buy, as what you buy. Just my $0.02...
    13 Feb 2012, 07:54 PM Reply Like
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