Canadian Real Estate Top Dividend Payers

Canadian Net Real Estate Investment Trust

Market Cap: CA$111.8m

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.

Plaza Retail REIT

Market Cap: CA$443.0m

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.

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 197 strategically located properties in communities across the country.

Automotive Properties Real Estate Investment Trust

Market Cap: CA$586.0m

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.

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 places where people thrive.

Morguard North American Residential Real Estate Investment Trust

Market Cap: CA$899.9m

The REIT is an unincorporated, open-ended real estate investment trust established under and governed by the laws of the Province of Ontario.

Canadian Apartment Properties Real Estate Investment Trust

Market Cap: CA$6.1b

CAPREIT is Canada's largest publicly traded provider of quality rental housing.

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.

CT Real Estate Investment Trust

Market Cap: CA$3.8b

CT REIT is an unincorporated, closed-end real estate investment trust established on July 15, 2013 pursuant to a declaration of trust as amended and restated as of October 22, 2013 and as further amended and restated as of April 5, 2020 and as may be further amended from time to time ("Declaration of Trust").

InterRent Real Estate Investment Trust

Market Cap: CA$1.9b

InterRent REIT is a growth-oriented real estate investment trust engaged in increasing unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties.

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.

RioCan Real Estate Investment Trust

Market Cap: CA$5.4b

RioCan meets the everyday shopping needs of Canadians through the ownership, management and development of necessity-based retail and mixed-use properties in densely populated communities.

H&R Real Estate Investment Trust

Market Cap: CA$3.1b

H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $9.9 billion as at June 30, 2025.

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.

BTB Real Estate Investment Trust

Market Cap: CA$347.0m

BTB is a real estate investment trust listed on the Toronto Stock Exchange.

True North Commercial Real Estate Investment Trust

Market Cap: CA$130.4m

The REIT is an unincorporated, open-ended real estate investment trust established under the laws of the Province of Ontario.

Killam Apartment REIT

Market Cap: CA$2.1b

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.

Pro Real Estate Investment Trust

Market Cap: CA$403.2m

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.

NorthWest Healthcare Properties Real Estate Investment Trust

Market Cap: CA$1.4b

Northwest Healthcare Properties Real Estate Investment Trust ("Northwest", or the "REIT"), is a Canadian open-end trust established on January 1, 2010 and governed pursuant to a third amended and restated Declaration of Trust dated September 15, 2020, as amended by amendments dated as of March 30, 2023, September 21, 2023, June 18, 2024 and May 14, 2025, under the laws of the Province of Ontario ("Declaration of Trust").