April 25, 2018 - RUS
New! Russel Metals Inc. Price Target Update .....
April 24, 2018 - OSB
New! Norbord Inc. - 2017 Earnings & 2018 Price Target Update .....
April 21, 2018 - BNS
Bank of Nova Scotia - Fiscal Q1-2018 Earnings Update .....
April 20, 2018 - CM
Canadian Imperial Bank of Commerce -Fiscal 2018 Earnings Update .....
April 19, 2018 - BMO
Bank of Montreal - Fiscal Q1-2018 Earnings Update .....
April 18, 2018 - TD
Toronto-Dominion Bank, Fiscal Q1-2018 Earnings Update .....
April 17, 2018 - RY
Royal Bank - Fiscal Q1-2018 Earnings Update .....
April 15, 2018 - PZA
Pizza Pizza Royalty Corp. 2017 Earnings & Price Target Update .....
Recommendation Changes
PZA, DRG.UN, MIC(US), VET, BRE, more...

Canadian Real Estate Investment Trust - Price Target Update

This is only a sample of the article, please login to view the entire article

CREIT owns and manages a diversified real estate portfolio consisting of retail, industrial and office properties and a limited number of development properties throughout Canada. By net operating income retail properties comprise 55%, industrial – 23% office at 22%. The portfolio's 205 properties contains 25.3M sq. ft.(including 2.9M of development properties) of leasable space representing CREIT's ownership valued at $5.9B. Geographically, 37% of net operating is from Alberta, Ontario -28%, Atlantic -13%, Quebec -10%, BC -9%, and other at 3%. Properties in Alberta the retail segment contributes 37%, industrial – 39% and 24% for retail and office space respectively.

CREIT earns revenue from four sources: Property rental revenue comprises 95% of total income includes rent paid by tenants for their leased premises, plus reimbursements or recoveries from tenants for property operating costs and realty taxes, interest income generated from mortgage investment activity, fee income, which includes property management fees, leasing fees, and project management fees relating to co-owned properties, and other miscellaneous fees, and lease termination income.

The retail portfolio totals 9.2M sq. ft. and is focused on large-scale unenclosed retail centres anchored by food stores and other leading retailers under long-term leases. The industrial portfolio of 10.2M sq. ft. is focused on distribution and warehousing facilities, and buildings used for light manufacturing and/or flex-space facilities of a size and configuration that will readily accommodate the diverse needs of a broad range of business tenants.

You must be a member to view the entire article, please subscribe or login

New Issues & Acquisition
April 20, 2018
New! Coverage Universe - Weekly Price Changes Apr 13-20, 2018
April 13, 2018
Coverage Universe - Weekly Price Changes Apr 6 - Mar 13, 2018
April 6, 2018
Coverage Universe - Weekly Price Changes Mar 30-Apr 6, 2018
March 30, 2018
Coverage Universe - Weekly Price Changes Mar 23-30, 2018
March 26, 2018
Extendicare Inc. - New Convertible Debenture
March 23, 2018
Coverage Universe - Weekly Price Changes Mar 16-23, 2018
March 17, 2018
Coverage Universe - Weekly Price Changes Mar 9-16, 2018
March 15, 2018
Premium Brands Holdings Corporation - New Convertible Debenture