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Canadian Real Estate Potentially Undervalued Companies
Results
29
Companies with a Value score of at least 3, ordered by Value score
29 companies
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$68.36
7D
-3.5%
1Y
-20.3%
Flagship Communities Real Estate Investment Trust
Market Cap: CA$658.2m
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$26.10
7D
-2.3%
1Y
26.9%
Killam Apartment REIT
Market Cap: CA$2.2b
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$17.63
7D
-1.4%
1Y
-16.4%
Granite Real Estate Investment Trust
Market Cap: CA$4.7b
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$77.22
7D
1.4%
1Y
n/a
Flagship Communities Real Estate Investment Trust
Market Cap: US$658.2m
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$18.75
7D
-2.8%
1Y
21.5%
NorthWest Healthcare Properties Real Estate Investment Trust
Market Cap: CA$1.3b
Northwest provides investors with access to a portfolio of high-quality international healthcare real estate infrastructure comprised as at May 14, 2025, of interests in a diversified portfolio of 169 income-producing properties and 15.8 million square feet of gross leasable area located throughout major markets in North America, Brazil, Europe, and Australasia.
NWH.UN
CA$5.11
7D
-1.0%
1Y
-10.7%
Choice Properties Real Estate Investment Trust
Market Cap: CA$10.6b
Choice Properties is a leading Real Estate Investment Trust that creates enduring value through places where people thrive.
CHP.UN
CA$14.52
7D
-1.8%
1Y
-3.6%
Primaris Real Estate Investment Trust
Market Cap: CA$1.6b
Primaris is Canada’s only enclosed shopping centre focused REIT, with ownership interests in leading enclosed shopping centres located in growing Canadian markets.
PMZ.UN
CA$15.21
7D
-1.6%
1Y
-6.3%
Canadian Net Real Estate Investment Trust
Market Cap: CA$113.2m
Canadian Net Real Estate Investment Trust (the "Trust" or the "REIT") is an unincorporated open-ended real estate investment trust formed on March 11, 2011 under the Civil code of Quebec, pursuant to a trust agreement and is domiciled in Canada.
NET.UN
CA$5.47
7D
-1.3%
1Y
-3.4%
Crombie Real Estate Investment Trust
Market Cap: CA$2.8b
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$14.94
7D
-0.3%
1Y
-6.6%
Pro Real Estate Investment Trust
Market Cap: CA$389.8m
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$5.76
7D
-1.5%
1Y
-1.5%
Firm Capital Property Trust
Market Cap: CA$222.3m
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$6.03
7D
-0.3%
1Y
4.1%
SmartCentres Real Estate Investment Trust
Market Cap: CA$4.6b
SmartCentres is one of Canada’s largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 197 strategically located properties in communities across the country.
SRU.UN
CA$26.38
7D
-1.1%
1Y
-1.9%
BTB Real Estate Investment Trust
Market Cap: CA$336.3m
BTB is a real estate investment trust listed on the Toronto Stock Exchange.
BTB.UN
CA$3.74
7D
-0.3%
1Y
3.6%
Plaza Retail REIT
Market Cap: CA$468.7m
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$4.18
7D
-1.2%
1Y
6.4%
True North Commercial Real Estate Investment Trust
Market Cap: CA$133.5m
The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario.
TNT.UN
CA$9.20
7D
-0.6%
1Y
-29.4%
Dream Industrial Real Estate Investment Trust
Market Cap: CA$3.6b
Dream Industrial REIT is an owner, manager and operator of a global portfolio of well-located, diversified industrial properties.
DIR.UN
CA$12.31
7D
-0.6%
1Y
-14.9%
GO Residential Real Estate Investment Trust
Market Cap: US$663.3m
The REIT is a newly created, internally managed, open ended real estate investment trust established under, and governed by, the laws of the Province of Ontario.
GO.U
US$11.84
7D
-4.9%
1Y
n/a
Morguard Real Estate Investment Trust
Market Cap: CA$378.7m
The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 45 retail, office and industrial income producing properties in Canada with a book value of $2.2 billion and approximately 8.1 million square feet of leasable space.
MRT.UN
CA$5.76
7D
0.2%
1Y
-0.2%
Morguard North American Residential Real Estate Investment Trust
Market Cap: CA$953.6m
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
-0.2%
1Y
-4.9%
RioCan Real Estate Investment Trust
Market Cap: CA$5.6b
RioCan meets the everyday shopping needs of Canadians through the ownership, management and development of necessity-based and mixed-use properties in densely populated communities.
REI.UN
CA$18.78
7D
-0.9%
1Y
-7.7%
First Capital Real Estate Investment Trust
Market Cap: CA$4.1b
First Capital Real Estate Investment Trust, with $9.4 billion in assets acquires, develops, owns and operates open-air grocery-anchored shopping centres in neighbourhoods with the strongest demographics in Canada.
FCR.UN
CA$19.53
7D
2.1%
1Y
4.0%
Slate Grocery REIT
Market Cap: US$874.8m
An owner and operator of U.S.
SGR.U
US$10.50
7D
-1.1%
1Y
0.2%
R&R Real Estate Investment Trust
Market Cap: CA$37.2m
R&R REIT is an unincorporated, open-ended real estate investment trust established pursuant to the Declaration of Trust (“DOT”) dated July 16, 2014, and is governed by the laws of the province of Ontario.
RRR.UN
CA$0.13
7D
0%
1Y
-21.2%
Slate Grocery REIT
Market Cap: CA$874.8m
An owner and operator of U.S.
SGR.UN
CA$14.66
7D
-0.5%
1Y
3.2%
Ravelin Properties REIT
Market Cap: CA$35.6m
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$0.41
7D
-2.4%
1Y
12.3%
Artis Real Estate Investment Trust
Market Cap: CA$597.5m
Artis is a diversified Canadian real estate investment trust with a portfolio of industrial, office and retail properties in Canada and the United States.
AX.UN
CA$6.05
7D
-14.1%
1Y
-24.4%
CT Real Estate Investment Trust
Market Cap: CA$3.8b
CT Real Estate Investment Trust (CT REIT) is an unincorporated, closed end real estate investment trust formed to own income producing commercial properties primarily located in Canada.
CRT.UN
CA$16.05
7D
-1.4%
1Y
-0.06%
Automotive Properties Real Estate Investment Trust
Market Cap: CA$560.4m
Automotive Properties REIT is an unincorporated, open-ended real estate investment trust focused on owning and acquiring primarily income-producing automotive and other OEM dealership and service properties located in Canada and the United States.
APR.UN
CA$11.37
7D
-1.4%
1Y
-8.0%