The Canadian REIT data layer

Stop rebuilding Canadian REIT analysis from filings, transcripts, and broker PDFs.

REIT Stack normalizes the data, summarizes the calls, maps the portfolios, synthesizes the market reports, and gives every REIT a source-grounded AI analyst. Every number cited to the filing — across all 33 Canadian REITs.

Market-implied valuation card on the REIT detail page — editable cap rate, NOI, and debt inputs, with a live implied cap rate output and sensitivity grid

Reverse-engineer the cap rate the market is pricing in. See the live CHP.UN example →

33
Canadian REITs covered
8
Property sectors
9.0/10
Median extraction accuracy (2026 Q1)
Daily
Prices & news · Quarterly fundamentals

Coverage includes

  • RioCan REIT (REI.UN)
  • Canadian Apartment Properties REIT (CAR.UN)
  • Choice Properties REIT (CHP.UN)
  • Granite REIT (GRT.UN)
  • SmartCentres REIT (SRU.UN)
  • H&R REIT (HR.UN)
  • Boardwalk REIT (BEI.UN)
  • Crombie REIT (CRR.UN)
  • Dream Industrial REIT (DIR.UN)
  • Killam Apartment REIT (KMP.UN)
  • Primaris REIT (PMZ.UN)
  • Plaza Retail REIT (PLZ.UN)
  • Slate Grocery REIT (SGR.UN)
  • Nexus Industrial REIT (NXR.UN)
  • Canadian Net REIT (NET.UN)
  • RioCan REIT (REI.UN)
  • Canadian Apartment Properties REIT (CAR.UN)
  • Choice Properties REIT (CHP.UN)
  • Granite REIT (GRT.UN)
  • SmartCentres REIT (SRU.UN)
  • H&R REIT (HR.UN)
  • Boardwalk REIT (BEI.UN)
  • Crombie REIT (CRR.UN)
  • Dream Industrial REIT (DIR.UN)
  • Killam Apartment REIT (KMP.UN)
  • Primaris REIT (PMZ.UN)
  • Plaza Retail REIT (PLZ.UN)
  • Slate Grocery REIT (SGR.UN)
  • Nexus Industrial REIT (NXR.UN)
  • Canadian Net REIT (NET.UN)

Plus 18 more across retail, residential, industrial, office, healthcare, hospitality, self-storage, and specialty. View the full universe

The full Canadian REIT workflow, on one platform.

What a serious Canadian REIT investor needs — briefings, comparison, tracking, and broker-report research — in a single workspace.

How it works

From a list of tickers to a research view, in four steps.

No spreadsheets, no PDF archaeology. Every figure traces back to the issuer’s filing.

1

Screen

Filter 33 Canadian REITs by yield, sector, and payout safety — in one normalized table.

Open the screener
2

Spot the risk

Read the distribution-safety verdict and every ratio — each number cited to the filing it came from.

3

Go deep

Open any REIT: Reported NAV, Real Estate NAV, Market-Implied NAV, structured earnings, FFO/AFFO builds, and consolidated broker-report research.

4

Track

Save a structured thesis and track your own holdings with FIFO cost-basis accounting.

See the tracker

AI analyst

Your Canadian REIT AI analyst.

Every covered REIT has a dedicated AI analyst grounded in its MD&A, financial statements, earnings transcripts, and REIT Stack's normalized data layer. Ask about Reported NAV, Real Estate NAV, Market-Implied NAV, payout risk, leasing, occupancy, cap rates, debt maturities, or management commentary — with source documents attached.

Example Agent answer

Open the live CHP.UN analyst

Question: What changed in CHP.UN's payout risk?

The Agent frames payout risk as a coverage and balance-sheet question, not a yield screen. It separates recent AFFO/FFO coverage from management commentary, then checks whether occupancy, leasing, and refinancing language point to pressure or resilience.

CHP.UN Q1 2026 MD&A - p. 18CHP.UN 2025 annual report - p. 52CHP.UN Q1 2026 transcript

Filing-grounded answers

Ask a question and the answer cites the MD&A, interim report, or transcript it came from — not generic chatbot output.

Transcripts + MD&A by period

Choose the filing period and document mix you want in scope before asking about results, guidance, or management commentary.

Property portfolio metrics

Interrogate WALE, occupancy, cap rates, leasing spreads, development exposure, acquisitions, and dispositions in one workflow.

Market context

Layer REIT-specific answers with context from consolidated broker-report research across cities and sectors.

Built for analysts, advisors, PMs, and serious REIT investors.

See it on a live REIT pageIncluded with Pro and above.

See it in the product

Every claim above, made visual.

01 / 06

Canadian REIT Dashboard.

A daily market dashboard for all 33 REITs, grouped into 8 sectors and ranked on yield, P/Reported NAV, leverage, returns, and peer context.

Canadian REIT Dashboard table showing all 33 Canadian REITs grouped by sector with yield, P/Reported NAV, debt ratios, peer-relative bars, and top holdings

Filing-derived numbers trace to the document they came from.

For filing-derived metrics, every value links back to the source line in the issuer’s primary document.

Issuer filings

MD&A, annual reports, interim reports, and financial statements — sourced directly from each REIT's primary disclosures, with the source-line citation preserved on every extracted number.

Earnings calls

Full transcripts plus our structured 4-section summaries: call narrative, executive commentary, forward guidance, analyst Q&A. Validated against the audio source.

Methodology & accuracy

Every extraction scored on a 4-dimension rubric. Median 9.0/10 across the universe (2026 Q1). Public error log when material errors are caught.

Primary documents first. No broad-market terminal feed. No black box. Read the methodology

REIT Stack keeps Reported NAV, Real Estate NAV, and Market-Implied NAV as separate valuation labels. Read the valuation methodology

Not a generic stock screen

Canadian REITs need filing-native analysis.

Generic stock screeners are built around standardized equity feeds. REIT Stack is built around the Canadian REIT metrics that determine comparability: FFO, AFFO, payout ratios, source-cited filings, property operations, debt schedules, and three distinct valuation views.

Why REIT Stack is different

Generic screener

Starts with EPS, P/E, revenue, and broad equity factors.

REIT Stack

Starts with FFO, AFFO, payout ratios, leverage, and occupancy.

Generic screener

Treats valuation as a standard market multiple.

REIT Stack

Separates Reported NAV, Real Estate NAV, Market-Implied NAV, and implied cap-rate context.

Generic screener

Shows standardized feed fields without the filing trail.

REIT Stack

Keeps the source filing attached to each extracted number and editorial claim.

Generic screener

Misses debt ladders, WALE, same-property NOI, and leasing tables.

REIT Stack

Normalizes the REIT-native schedules that sit inside MD&A and supplementals.

Common questions

How the data is sourced, how often it updates, and what we do (and don’t) do.

How is the data sourced and how do you know it's accurate?expand_more
Every filing-derived metric traces to a source line in the issuer's primary filing (MD&A, annual report, transcript). We extract into a normalized schema using an LLM-assisted pipeline that's wrapped by three deterministic validators: a regex pre-fill of the balance sheet, a schema + sanity check (cap rates must fall in [3%, 10%], unit-scale checks), and a four-dimension composite scorer. Every material error we've caught is published on our methodology page.
How often does the data update?expand_more
Prices and FX: daily. News synthesis: daily, one record per REIT. Fundamentals from MD&A and annual reports: quarterly, on the issuer's filing calendar. Earnings call transcripts and our structured summaries: quarterly. Each dataset page notes the last refresh timestamp.
Why Canadian REITs only?expand_more
REIT Stack focuses on Canadian REITs because IFRS fair-value accounting, trust-unit structures, issuer-specific payout definitions, and MD&A disclosure patterns make this market a distinct normalization problem. Additional markets are not active in the product today; we will not add them until their accounting and filing conventions have their own shipped methodology.
Do you provide investment advice?expand_more
No. REIT Stack is a research tool. We publish normalized data, structured earnings summaries, Reported NAV, Real Estate NAV, and Market-Implied NAV methodology, and editorial commentary on Canadian REIT events. We do not issue buy/sell ratings, manage money, or provide personalized investment advice. Users should consult a licensed advisor for investment decisions.
Can I switch plans anytime?expand_more
Yes. Upgrade or downgrade at any time. Changes take effect immediately, and we prorate billing.

Need institution-grade research support?

Custom research workflows and hands-on onboarding for teams — multi-seat access, branded reports, and a dedicated account contact.

Start screening Canadian REITs.

Free forever on 33 Canadian REITs. Upgrade when you need full tabs, transcripts, or institutional access.

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