They’ve got money…They have little competition…They’ll pay you more…There’s room to grow…They’re not income trusts…
(Source: The Globe and Mail)
They represent only a fraction of Canada’s publicly traded companies, but 2010 is shaping up as the Year of the Real Estate Investment Trust for investors seeking higher yields.
These funds buy income-generating assets such as shopping centres, office towers and hotels and then pay their unitholders distributions from the cash the properties spin out. After a year of holding the line on payouts and acquisitions, analysts believe 2010 will be a breakout year for the sector.
Read the full article, “Five reasons REITs are sitting pretty for a breakout year” in the Globe and Mail (Jan 22 2010).