Tamara Herman, associate director of capital strategies at SHARE, a non-profit shareholder advocacy organization. Photo: Joshua Berson
Experts say foundations should take a close look at their investment portfolios after a recent report revealed a troubling lack of information around affordability, eviction rates and building maintenance at Canada’s six largest residential real estate investment trusts, representing more than 125,000 housing units.
Published by SHARE, a non-profit shareholder advocacy organization, the report analyzed data from 2021 and 2022. It found that none of the six investment trusts, also known as REITs, disclosed enough information about their practices to allow investors to make informed decisions.
“There’s been a real push to align foundations’ investment portfolios with their missions and their beliefs, and it’
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