Boost Your Income With REITs Yielding 8-12% | The Motley Fool Canada

Boost Your Income With REITs Yielding 8-12% | The Motley Fool Canada: "Office REITs

Dream Office Real Estate Investment Trst (TSX:D.UN) yields an astounding 12.5% at under $18 per unit. It’s also down partly due to low commodity prices. Specifically, about 26% of its net operating income comes from Alberta.

Dream Office must have its competitive advantages because it continues to maintain occupancy rates a few percentage points above average market levels, even in hard times like this. Further, its top tenants include Bank of Nova Scotia, Telus Corporation, the federal government, and several provincial governments that generate 27.5% of its gross rental revenue.

You may be surprised that it yielded over 17% during the last recession when shares fell to about $12. It didn’t cut its distributions then, so maybe it’s strong enough to maintain distributions this time, too.

Dream Global REIT (TSX:DRG.UN) is another high-yield REIT that owns commercial properties. Its focus is in Germany though. It owns properties in seven major cities. At $8.30 per unit, it yields 9.6%."



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