On April 21, 2016, I added two new companies to my dividend income portfolio. Both companies are REITs, paying good monthly dividends, have good properties and trading at discount to NAV.
NORTHWEST HEALTHCARE REIT
Bought 50 shares at $9.35/share
The largest owner of medical office buildings in Canada with some exposure in Brazil, New Zealand and Germany. In Canada, the REIT is the largest non-government owner and manager of medical office buildings and healthcare facilities with 70 properties located from coast to coast, including major concentrations in Calgary, Edmonton, Toronto, Montreal, Quebec City and Halifax.
DREAM GLOBAL REIT
Bought 60 shares at $8.90/share
Commercial real estate exposure outside Canada. They own 7 finest buildings in Germany. Germany’s economy is the best in Europe so I decided to take an opportunity and invest some money outside of Canada. I have lots of REIT exposure in Canada and US so it’s the time to diversify into Europe.
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