Owning investment property can be challenging and very rewarding at the same time. It takes a certain set of skills to handle all the accounting, property management, legal, insurance and other issues which arise from its possession. Some investors want the upside to owning real estate but do not want the potential downside. This leads us to discuss the Real Estate Investment Trust (REIT).
A REIT is a company that owns income producing real estate. It may contain apartments, commercial real estate or even shopping centres. If the company is publicly traded, its common or preferred shares are listed on a stock exchange and can be purchased through a registered investment advisor.
Sometimes, investors state that they own real estate whereas in fact they own shares in a REIT. In order to own real estate, you need to be on title (deed) and have legal counsel register you as such. This is a simple but key difference between owning securities and possessing investment real estate.
EDMONTON – It’s no surprise to Brian Baker that Brad Lamb — dubbed Toronto’s “condo king” — and other big Eastern players are now eyeing Edmonton’s real estate market.
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CALGARY – Calgary has become an attractive place for commercial real estate investment for Toronto-based Allied Properties REIT.
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CALGARY – Allied Properties REIT is continuing its expansion in the Calgary market.
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EDMONTON – Melcor REIT is acquiring a strip mall on Gasoline Alley in Red Deer.
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CALGARY – Calgary-based Boardwalk Real Estate Investment Trust announced Thursday gains for its funds from operations for the third quarter of this year.
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It’s really nice in times of volatile markets like now to have an asset class that may zig when traditional stocks and bonds zag. An asset with low correlation to others in your holdings can both reduce risk at the portfolio level and increase returns.
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EDMONTON – People once chose between investing in McDonald’s Canada or Tim Hortons Inc. according to the size of the lineup, but now they invest according to the size of each company’s real estate holdings.
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Marc Nemer, the CEO of Cole Real Estate Investments, one of the largest publicly traded REITs, said that a recovery is under way with fundamentals noticeably improving in the market.
Several years of rock-bottom interest rates, fueled by the federal government, have had investors in a desperate search for yield. That was a plus for real estate investment trusts (REITs), which are required to pay 90 percent of their profits out in the form of dividends to investors. The minute rates began to rise, suddenly the darlings became the duds.
Read more: http://www.cnbc.com/id/100793087