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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

Post by gasholeon Jan 24, 2021 10:44am
90 Views
Post# 32370633

I said this months ago

I said this months agohttps://www.bnnbloomberg.ca/strong-getting-stronger-retailers-scouting-property-amid-covid-1.1552721 Apparently a lot of the stronger retail that is surviving are out shopping for new locations, expanding... great for rei, hr, sru etc.. and I mentioned this quite a while back that my business was doing great and I was actually scooping out some new locations for a potential expansion... I have decided to just keep the business the way it is but for some people who are doing well and younger than me perhaps and more ambitious they are definitely going to prosper after covid is gone... and you have idiots like bluesguitar and others spewing nonsense on here and fear-mongering saying everybody's going bankrupt what a crock of you-know-what.. I have first-hand experience that this is not what is taking place. Yes it's painful but do you have any idea how many multi-millionaire business only reason there are with multiple locations, who are going to survive this with ease?. I said it before the ones that aren't surviving this we're never doing well prior to the virus anyway and we're likely going to be bankrupt within two years so there you go Read It and Weep shorts...
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