German Real Estate for Canadians: Dundee International REIT

For investors looking for extra diversification in their equity or real estate portfolios, Dundee International REIT will begin trading on public markets in Canada very soon. In an initial public offering made available via select banking houses, the company recently raised $410 million dollars that it will use to buy up office space throughout Germany that is currently leased mostly by Germany's largest postal carrier, Deutsche Post AG.

The yield on units of Dundee International REIT are expected to be in the neighbourhood of 8 percent, very respectable in today's low-rate environment. Also, Germany's economic and monetary climate is much healthier than many other regions of the world. With a European debt crisis, and much of the continent's banks and investors unwilling to expand their holdings, Canadian investors have found a great opportunity to gain valuable pieces of European / German real-estate at a reasonable price.
Happy Investing : )