Canadian Net Real Estate Investment Trust V.NET.UN

Alternate Symbol(s): CNNRF

Real Estate REIT - Diversified

Canadian Net Real Estate Investment Trust (the Trust) is a Canada-based open-ended real estate investment trust. The Trust owns and rents commercial real estate properties directly, through its wholly owned subsidiaries and joint ventures. The Trust operates in one segment, commercial real estate located in Canada. The Trust holds approximately 101 investment properties, 83 residing in the province of Quebec, nine in the province of Ontario and nine in the province of Nova Scotia. The properties are occupied by four distinct groups of tenants composed of retailers, national service station and convenience store chains, quick-service restaurant chains, and others. The Trust's properties include 40-50 Brunet Street, 230 St-Luc Blvd, 196 Hotel-de-Ville Blvd, 1349-1351 Road 117, 275 Barkoff Street, 530 Barkoff Street, 340-344 Montee du Comte, 1440-50 St-Laurent East Blvd, 1460 St-Laurent East Blvd, 7335 Guillaume Couture Blvd, 4200 Bernard-Pilon Street and others.

TSXV:NET.UN - Post by User

Canadian Net Real Estate Investment Trust > Great earnings and a very low payout ratio

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Post by apollojeticon Mar 24, 2022 11:38am

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Post# 34541566

Great earnings and a very low payout ratio

This flies uder the radar like FCD.UN.

Both are excellent reit's with great management. The payout ratio is around 50% so room do another dist. increase for 2023. That would be the 12th in a row. I see very good growth and aqusitions coming and maybe a new issue of shares next quarter.

FCD.UN has the better yield and has also raised its divy recently. They need to improve the payout ratio which will come down as they integrate new aquisitions.

I hold both and look forward to watching them grow. FCD.UN was just added to the TSX as well from the venture exchange.

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