distribution

REITs Still a Good Investment Opportunity

by creitadmin on December 15, 2008

While the benchmark stock index for Canadian REITs has fallen dramatically in 2008 many investment advisors are suggesting that they may provide a good purchase value. Rob Carrick of the Globe and Mail in his article of December 6th, 2008 REITs Battered Down to Eyecatching Levels suggests that the drop in stock value does not accurately represent a loss in value of the larger Canadian RIETs. This claim is supported by Royal Host REIT’s announcement of a special distribution on December 31, 2008. The distribuition is demonstrative of the REIT’s successful performance in 2008.

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First Industrial Realty Trust Reports 3rd Quarter Distribution

by creitadmin on October 31, 2008

First Industrial Realty Trust reports a positive third quarter distribtution.  Although down from last year’s distribution, the Trust reports that it is in a good financial position with strong portfolio performance.

Read the press release. 

However, First Industrial, after the resignation of it’s longtime CEO, has also announced a lay off of 120 employees to reduce costs.  These factors all contributed to a rise in their stock value.

Read Carl Brokamp’s article in GlobeSt.com. 

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Morguard REIT Declares a Special Distribution

October 31, 2008

Morguard REIT will be declaring a special distribution due to the expectation that it’s income will exceed expectations.  There are a number of articles that explain Morguard’s situation that are available below.  Morguard’s diversified portfolio and gains that it realized on disposition of properties earlier this year all factor in to their current positive financial state. [...]

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Allied Properties REIT announces Distribution

September 23, 2008

Allied Properties REIT (TSX:AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.11 per unit for the month of September, 2008, representing $1.32 per unit on an annualized basis. The distribution will be payable on October 15, 2008, to unitholders of record as at September 30, 2008. The REIT has [...]

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Retrocom REIT’s 3rd Quarter Distribution & Portfolio Review

September 23, 2008

Retrocom Mid-Market REIT is an Ontario unincorporated open-end real estate investment trust which focuses on owning and acquiring mid-market commercial properties in primary and secondary cities across Canada with the objective of producing a geographically diversified portfolio of properties with stable and growing cash flows. Retrocom Mid-Market Real Estate Investment Trust (TSX:RMM.UN) (the REIT) announced [...]

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Scott’s Real Estate Investment Trust announces September distribution

September 23, 2008

The full story is on Market.com.  Find the full story at:  http://www.tradingmarkets.com/.site/news/Stock%20News/1877365/

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Global REITs Deliver

September 23, 2008

Global real estate investment trusts continue to deliver attractive distribution yields, as other asset classes face ongoing volatility, funds manager ING Clarion Real Estate Securities said. ING Clarion portfolio manager Steve Burton said investors needed to maintain a long-term view, diversify their portfolios and decrease risk through indirect investment in international property trusts. Read the [...]

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Calloway Real Estate Investment Trust Declares August 2008 Distribution

September 23, 2008

August 18, 2008 Calloway REIT (TSX: CWT.UN)(TSX: CWT.DB)(TSX: CWT.DB.A) today announced that the trustees of the REIT have declared a distribution for the month of August 2008 of CDN$0.129 per trust unit, representing CDN$1.548 per unit on an annualized basis. Payment will be made on September 15, 2008 to unitholders of record on August 29, [...]

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Allied Properties Real Estate Investment Trust Announces August Distribution

September 23, 2008

August 18, 2008 TORONTO, ONTARIO, Aug 18, 2008 (MARKET WIRE via COMTEX) —-Allied Properties REIT (TSX: AP.UN) announced today that the Trustees of the REIT have declared a distribution of $0.11 per unit for the month of August, 2008, representing $1.32 per unit on an annualized basis. The distribution will be payable on September 15, [...]

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Royal Host REIT Announces Distribution of $0.055 to Unitholders

September 23, 2008

Aug 15, 2008 Royal Host Real Estate Investment Trust (“Royal Host”) (TSX:RYL.UN) (TSX:RYL.DB.A) (TSX:RYL.DB.B) (TSX:RYL.DB.C) (TSX:RYL.DB.D) has declared a distribution of $0.055 per unit, payable September 15, 2008, to Unitholders of record on August 29, 2008. This distribution is the 130th consecutive monthly distribution to Unitholders and brings the total funds distributed to $7.47 per [...]

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