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Canadian Real Estate Potentially Undervalued Companies
Results
33
Companies with a Value score of at least 3, ordered by Value score
33 companies
Nexus Industrial REIT
Market Cap: CA$692.6m
A growth-oriented real estate investment trust focused on increasing unitholder value through the acquisition of industrial properties located in primary and secondary markets in Canada, and the ownership and management of its portfolio of properties.
NXR.UN
CA$7.35
7D
1.9%
1Y
4.0%
Flagship Communities Real Estate Investment Trust
Market Cap: CA$623.2m
An unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust dated August 12, 2020 (as subsequently amended and restated, the “Declaration of Trust”) under the laws of the Province of Ontario.
MHC.UN
CA$24.95
7D
0.8%
1Y
24.4%
Dream Industrial Real Estate Investment Trust
Market Cap: CA$3.3b
Dream Industrial REIT is an owner, manager and operator of a global portfolio of well-located, diversified industrial properties.
DIR.UN
CA$11.18
7D
4.4%
1Y
-10.2%
Flagship Communities Real Estate Investment Trust
Market Cap: US$623.2m
An unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust dated August 12, 2020 (as subsequently amended and restated, the “Declaration of Trust”) under the laws of the Province of Ontario.
MHC.U
US$18.17
7D
0.9%
1Y
24.5%
Canadian Net Real Estate Investment Trust
Market Cap: CA$111.0m
An open-ended trust that acquires and owns high quality triple net and management-free commercial real estate properties.
NET.UN
CA$5.39
7D
0.6%
1Y
9.1%
Boardwalk Real Estate Investment Trust
Market Cap: CA$3.7b
Boardwalk REIT strives to be Canada's friendliest community provider and is a leading owner/operator of multi-family rental communities.
BEI.UN
CA$70.07
7D
6.5%
1Y
-1.0%
Firm Capital Property Trust
Market Cap: CA$225.2m
Firm Capital Property Trust is focused on creating long-term value for Unitholders, through capital preservation and disciplined investing to achieve stable distributable income.
FCD.UN
CA$6.10
7D
1.0%
1Y
22.7%
BTB Real Estate Investment Trust
Market Cap: CA$319.4m
BTB is a real estate investment trust listed on the Toronto Stock Exchange.
BTB.UN
CA$3.59
7D
0.6%
1Y
12.2%
Killam Apartment REIT
Market Cap: CA$2.4b
Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential real estate investment trusts, owning, operating, managing and developing a $5.5 billion portfolio of apartments and manufactured home communities.
KMP.UN
CA$19.46
7D
7.6%
1Y
13.2%
Pro Real Estate Investment Trust
Market Cap: CA$334.7m
PROREIT (TSX:PRV.UN) is an unincorporated open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario.
PRV.UN
CA$5.52
7D
1.7%
1Y
9.3%
SmartCentres Real Estate Investment Trust
Market Cap: CA$4.5b
SmartCentres is one of Canada's largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 191 strategically located properties in communities across the country.
SRU.UN
CA$25.86
7D
1.5%
1Y
14.7%
R&R Real Estate Investment Trust
Market Cap: CA$45.7m
R&R REIT is an open-ended real estate investment trust focused on increasing unitholder value through the acquisition and ownership of hotel properties located in the United States.
RRR.UN
CA$0.16
7D
0%
1Y
10.3%
True North Commercial Real Estate Investment Trust
Market Cap: CA$128.4m
The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario.
TNT.UN
CA$8.92
7D
-0.4%
1Y
4.8%
Plaza Retail REIT
Market Cap: CA$434.0m
Plaza is an open-ended real estate investment trust and is a leading retail property owner and developer, focused on Ontario, Quebec and Atlantic Canada.
PLZ.UN
CA$3.89
7D
1.0%
1Y
8.1%
Granite Real Estate Investment Trust
Market Cap: CA$4.3b
Granite is a Canadian-based REIT engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe.
GRT.UN
CA$70.30
7D
4.5%
1Y
n/a
NorthWest Healthcare Properties Real Estate Investment Trust
Market Cap: CA$1.2b
Northwest Healthcare Properties Real Estate Investment Trust (TSX: NWH.UN) (Northwest) is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario.
NWH.UN
CA$4.82
7D
2.3%
1Y
-4.6%
Morguard North American Residential Real Estate Investment Trust
Market Cap: CA$966.0m
The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario.
MRG.UN
CA$18.25
7D
3.6%
1Y
18.4%
European Residential Real Estate Investment Trust
Market Cap: CA$593.1m
ERES is an unincorporated, open-ended real estate investment trust.
ERE.UN
CA$2.53
7D
1.2%
1Y
9.1%
Dream Office Real Estate Investment Trust
Market Cap: CA$298.5m
Dream Office Real Estate Investment Trust (“Dream Office REIT” or the “Trust”) is an open-ended investment trust created pursuant to a Declaration of Trust, as amended and restated, under the laws of the Province of Ontario.
D.UN
CA$15.73
7D
8.2%
1Y
-16.2%
Choice Properties Real Estate Investment Trust
Market Cap: CA$10.8b
Choice Properties is a leading Real Estate Investment Trust that creates enduring value through the ownership, operation and development of high-quality commercial and residential properties.
CHP.UN
CA$14.97
7D
1.2%
1Y
16.7%
Morguard Real Estate Investment Trust
Market Cap: CA$385.5m
The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 46 retail, office and industrial income producing properties in Canada with a book value of $2.3 billion and approximately 8.2 million square feet of leasable space.
MRT.UN
CA$5.95
7D
-0.2%
1Y
9.4%
Primaris Real Estate Investment Trust
Market Cap: CA$1.6b
Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests primarily in leading enclosed shopping centres located in growing mid-sized markets.
PMZ.UN
CA$15.34
7D
1.9%
1Y
15.3%
Minto Apartment Real Estate Investment Trust
Market Cap: CA$921.2m
An open-ended real estate investment trust, owns and operates a portfolio of income-producing multi-residential rental properties located in Canada.
MI.UN
CA$14.35
7D
11.3%
1Y
-2.6%
RioCan Real Estate Investment Trust
Market Cap: CA$5.2b
RioCan is one of Canada’s largest real estate investment trusts.
REI.UN
CA$17.34
7D
0.5%
1Y
-0.3%
BSR Real Estate Investment Trust
Market Cap: US$968.9m
An internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario.
HOM.U
US$13.01
7D
0.08%
1Y
14.1%
Slate Grocery REIT
Market Cap: US$880.5m
An owner and operator of U.S.
SGR.U
US$10.89
7D
3.6%
1Y
38.4%
H&R Real Estate Investment Trust
Market Cap: CA$2.9b
H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $10.5 billion as at March 31, 2025.
HR.UN
CA$10.43
7D
4.6%
1Y
13.4%
Crombie Real Estate Investment Trust
Market Cap: CA$2.7b
Crombie invests in real estate with a vision of enriching communities together by building spaces and value today that leave a positive impact on tomorrow.
CRR.UN
CA$14.81
7D
2.0%
1Y
16.8%
Ravelin Properties REIT
Market Cap: CA$39.5m
Ravelin Properties REIT (the “REIT”) is an unincorporated, open-ended real estate investment trust governed by the laws of the Province of Ontario pursuant to an amended and restated Declaration of Trust dated as of December 31, 2024, as it may be further amended, supplemented or amended and restated from time to time (the "Declaration of Trust").
RPR.UN
CA$0.46
7D
2.2%
1Y
-16.4%
Slate Grocery REIT
Market Cap: CA$880.5m
An owner and operator of U.S.
SGR.UN
CA$14.85
7D
1.0%
1Y
36.6%
BSR Real Estate Investment Trust
Market Cap: CA$968.9m
An internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario.
HOM.UN
CA$18.05
7D
-2.1%
1Y
15.2%
CT Real Estate Investment Trust
Market Cap: CA$3.8b
CT REIT is an unincorporated, closed-end real estate investment trust formed to own income-producing commercial properties located primarily in Canada.
CRT.UN
CA$15.91
7D
2.5%
1Y
17.6%
Automotive Properties Real Estate Investment Trust
Market Cap: CA$537.5m
Automotive Properties REIT is an internally managed, unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive dealership properties located in Canada.
APR.UN
CA$10.95
7D
0.6%
1Y
8.7%