The Solactive Equal Weight Canada REIT Index provides exposure to real estate securities through a diversified portfolio of REITs. The Index is an equal weight index of Canadian-listed real estate investment trust equity securities.
A REIT is a publicly traded equity representing pools of money invested in real estate properties such as office buildings, apartment complexes, warehouses and shopping centres. REITs own and manage such properties and through their structure, investors receive rental income and income from capital appreciation if a property is sold for a gain.
Key Features and Coverage on RIMES
For this data source, RIMES hosts approximately 22 companies and one index (Equal Weight Canada REIT Index).