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RioCan Real Estate Investment Trust T.REI.UN

Alternate Symbol(s):  RIOCF

RioCan Real Estate Investment Trust is a Canada-based real estate investment trust. The Company owns, manages, and develops retail-focused mixed-use properties. Its portfolio includes leasing, development, and residential. The Company’s properties are held by various tenants, such as grocery, pharmacy, liquor, personal services, and specialty and value retailers. The Company’s portfolio is comprised of approximately 192 properties with an aggregate net leasable area of approximately 33.6 million square feet, including office, residential rental and 10 development properties. Its properties include 1293 Bloor Street West, 145 Woodbridge Avenue, 1556 Bank Street, 1650 - 1660 Carling Avenue, 1860 Bayview, 1910 Bank St, 1946 Robertson Road, 2323 Yonge Street, 2329 Yonge Street, 2335 Boul Lapiniere, 2345 Yonge Street, 2422 Fairview Street, 2453 Yonge Street, 279 Rue St. Charles, 2950 Carling Avenue, and 2955 Bloor Street West.


TSX:REI.UN - Post by User

Comment by z_investoron Jun 26, 2020 4:38pm
82 Views
Post# 31197151

RE:RE:Paul Harris discusses RioCan Reit on BNN today.

RE:RE:Paul Harris discusses RioCan Reit on BNN today.Riocan is almost 50% off and owns over 6bil in properties with no mortgages. They have real assets and I only see Toronto growing in the long run. Land can also be redeveloped and besides people are ancy to get out and do things. 

Being negative on the REIT when it's already trading at 2008 levels is a joke. I'll hapilly collect my 9% dividend for the next 30 years. 
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