Real Estate Investment Trusts Archives

Real Estate Investment Trusts

The Wild World of REITS

By Roger S. Conrad on Jan. 19, 2017

We remain cautious on US real estate investment trusts because of lofty valuations. But this group encompasses a wide range of business models, from commercial and multifamily properties to telecom assets and data centers. In addition to our existing Portfolio holdings, our survey of the space uncovered two REITs with the right business models, valuations and growth prospects.

A Sector of Their Own

By Roger S. Conrad on Sep. 26, 2016

The creation of a real estate sector in the S&P 500 validates real estate investment trusts (REIT) as an asset class. But sky-high valuations mean that investors may not want to RSVP to this coming-out party.

US REITs: A Mixed Bag with High Price Tags

By Roger S. Conrad on Jun. 2, 2016

US real estate investment trusts trade at elevated valuations, making good opportunities hard to find. We prefer to remain on the sideline and wait for a pullback to buy best-in-class names.

US REITs: A Good Value is Hard to Find

By Roger S. Conrad on Apr. 10, 2015

The final installment in our three-part series on real estate investment trusts focuses on the frothy US market where investors must be selective to avoid overpaying.

Canadian REITs: Big Yields and Undemanding Valuations

By Roger S. Conrad on Dec. 29, 2014

Canadian real estate investment trusts remain among the cheapest stocks for income-seeking investors.

Digging for Value in the REIT Space

By Roger S. Conrad on Dec. 10, 2014

US real estate investment trusts have rallied significantly since we last visited the space in late 2013. However, investors can still uncover value in the space if they’re willing to take on additional risk for higher yields.

Northern Property is Cheap Again

By Roger S. Conrad on Sep. 19, 2014

Although Canadian REITs haven’t matched the dividend growth posted by their US counterparts over the past 18 months, most of these names didn’t slash their payouts to the bone during the financial crisis. Our favorite Canadian REITs trade at undemanding valuations, offer above-average yields and are good buys for patient investors.

Property Values: Canadian REITs Still a Bargain

By Roger S. Conrad on Mar. 18, 2014

Currency headwinds and overblown concerns about rising interest rates have weighed on Canadian real estate investment trusts, giving savvy investors an opportunity to lock in elevated yields on the industry’s highest-quality names. Here are our top picks.

Crunching the Numbers on Data-Center REITs

By Roger S. Conrad on Feb. 28, 2014

The growing popularity of streaming video, not to mention cloud-hosted business services and the corporate world’s love affair with data collection and analytics, continues to drive exponential growth in Internet traffic and demand for reliable storage. We delve into the brick-and-mortar backbone of Big Data and find an unloved high-yielder with plenty of potential.

After the Fall: Reconsidering US REITs

By Roger S. Conrad on Dec. 31, 2013

Shares of US-listed real estate investment trusts have pulled back amid overblown concerns about rising interest rates, creating a buying opportunity for savvy investors. We highlight our Fab Five.