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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: David Culver who wrote (167)2/26/1999 2:58:00 PM
From: kingfisher  Read Replies (1) of 11633
 
My favourite REIT ...HOT.UN
Low gasoline prices and low Canadian dollar = improved Canadian hotel occupancy rates and revenues for 1999

Canadian Hotel Income Properties REIT -
Van Sun says Canadian Hotel favoured by analyst
Canadian Hotel Income Properties REIT HOT.UN
Shares issued 17,250,001 1999-01-22 close $7.9
Monday Jan 25 1999

The Vancouver Sun reports in its Saturday edition that Canadian Hotel Income Properties Real Estate Investment Trust is a top stock pick of Murray Leith, research director of Vancouver brokerage Odlum Brown. Reporter Barbara Aasteinsen notes that Mr.Leith says that Canadian Hotel pays a healthy distribution of more than 14 per cent. He says that because hotels are not overbuilt in Canada, he thinks Canadian Hotel will enjoy a healthy business environment for several years to come.

(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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