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Bullboard - Stock Discussion Forum 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... see more

TSX:REI.UN - Post Discussion

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Post by thenewsnake on Nov 29, 2020 10:50am

Not looking good

The Yonge/Sheppard Riocan Plaza is a trophy.  Last month it was vibrant, stores open, making $$- Purdy's, Winners, Reitmans, LA fitness

Today it's a ghosttown, places not bothering with curbside pickup BS

F*ck you TORI AND FORD.

You ruined the xmas season with your false PCR fear propoganda
Comment by CANCDN on Nov 29, 2020 11:24am
  those tenants will have a choice to make, pay rent or be forced into bankruptcy. That's it... Sonshine actually mentioned at some properties he would prefer to evict to release the space at higher rents.   
Comment by EstevanOutsider on Nov 29, 2020 12:12pm
I believe this is already priced in and I also agree with you that Doug Ford and John Tory are the two biggest dirtbags in Canadian political history.
Comment by thenewsnake on Nov 29, 2020 12:35pm
Who would have thought Ford would go hardcore liberal? Look at this if anyone thinks these guys know what they're doing, CMO and doctors included: 1. Oct 13- Close restaurants and group/fitness activities + gyms "28 days" ya........ 2. Oct 20- It's ok to REOPEN dance studios only 3. Nov 13- Time to reopen the gyms, but with 10 people only 3. Nov 23- Shutdown all of Peel and ...more  
Comment by Sapho on Nov 29, 2020 12:47pm
I lived 6 months in a year in UK before COVID,  What Ford is doing  is exact copy of UK and EU. I do exxpect we have more lockdown til March,   UK is re-opening on Dec 2nd or 3rd. They are hiniting at third wave in mid to end of Jan. 
Comment by CANCDN on Nov 29, 2020 2:03pm
I don't think it is hinting.. that's house seasonal virus waves work
Comment by Kenneth9 on Nov 29, 2020 12:40pm
As soon as any news becomes public information it's already priced into a stock. Rolling lockdowns are not new information, so will have no effect on RioCan. 
Comment by Tommy123 on Nov 29, 2020 6:06pm
This post has been removed in accordance with Community Policy
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