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REITs are great investments to add to your Tax-Free Savings Account TFSA). Among the many reasons for that view, a stable and recurring income stream tops the list. But what REITs should prospective investors buy? Fortunately, the market gives us plenty of options to consider. Here are several top REITs for 2021 investors to consider.
A strong legacy and future growth
RioCan Real Estate (TSX:REI.UN) is one of the largest REITs in Canada. RioCan’s portfolio has focused primarily on commercial retail properties with a tenant list that includes some of the largest names in finance and retail. In total, RioCan has 221 sites with 38.4 million square feet of leasable area. RioCan recently added mixed-use residential properties into the mix.