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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 Mirko22on Jan 01, 2021 3:10pm
77 Views
Post# 32207710

RE:RE:TFSA Contributions

RE:RE:TFSA Contributions
hroark7 wrote:
RetiredCEO wrote:
Just transferred my TFSA contribution. And likely so will millions of others. What will we all buy? REITs are very possibly a target as they are still depressed in pricing, and TFSA shelters the income well in this tax advantage account. Happy New Years.


Happy New Year RetiredCEO, CADCDN, Gashole and everyone here! (except for snake)

My TFSA will be locked and loaded and ready to go with my 2021 contribution by Monday. I also have a whole bunch of cash saved up from these last few months in my RRSP and taxable. Looking to add more RioCan and then just sit back, collect the dividend.

I really believe that we will turn the corner this year on the virus. Optimistically, by spring and "worst" case scenario, this is all over by September. And as it appears that is going to happen, we will start approaching NAV of $24.50. Then by end of year, the office tenants will start taking possession at The Well and as the market discounts that information, the focus will be on RioCan's pipeline the stock will really take off in 2022, I'm calling $24 before end of 2021 and $30 before end of 2022.



You are dreaming, This stock will see $13 in next 3 months.
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