Posts Tagged ‘REIT’

Private REITs require careful due diligence

By Dan Hallett on December 6th, 2012

The Globe and Mail shed a bit of light on the small universe of private real estate investment trusts (REITs) in Canada.  The article touches on both the benefits and perils of this emerging product segment.  I recently reviewed a Canadian...

Desperately seeking income

By Dan Hallett on June 21st, 2012

The Globe and Mail recently reported that Michael Lee-Chin was planning a return to the retail investment industry.  He has spoken specifically about his desire to bring institutional private equity exposure to retail investors in Canada. ...

Four things to keep in mind in this low-rate environment

By Dan Hallett on March 1st, 2012

For those seeking a safe and dependable income source, today’s painfully low interest rates pose a real challenge.  Bank of Canada Governor Mark Carney regularly reminds us that persistent low rates can be dangerous because they incent...

Be careful when comparing real estate fund returns

By Dan Hallett on May 29th, 2011

Real estate has long formed the core of investors’ hard asset exposure.  Individuals and institutions invest in real estate for many reasons – i.e. diversification, cash flow and/or inflation protection.  As with asset classes beyond...

Structural risks of real property funds

By Dan Hallett on June 22nd, 2010

In a recent Globe & Mail article, I was quoted as saying that I was amazed that real estate mutual and segregated funds still existed.  I was surprised at the extent of feedback I received on this seemingly innocent quote.  But clearly, the...

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