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. Its portfolio comprises approximately 187 properties with an aggregate net leasable area of approximately 33 million square feet. Its properties include 1293 Bloor Street West; 145 Woodbridge Avenue; 1556 Bank Street; 1650 -1660 Carling Avenue; 1860 Bayview; 1946 Robertson Road; 2422 Fairview Street, and others. Its properties for commercial lease, including grocery anchored, open air, mixed-use/urban, and enclosed centers. Its residential brand, RioCan Living, delivers purpose-built rental units and condos. 1293 Bloor Street West is located at the intersection of Lansdowne Ave & Bloor Street in Toronto.

TSX:REI.UN - Post by User

RioCan Real Estate Investment Trust

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Comment by newday123on Nov 30, 2017 1:48pm

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Post# 27065475

RE:Will this stock ever break $26??

I agree, the analyst report on this was so positive last year that I thought I would make a quick gain by buying lots of stock. Not only I bought in above $26.00, but is now stuck for the longest time. Really tempted to sell , but I really don't want to make a loss. The divident is ok, but I would get better deal elsewhere on the long term. Or maybe I should use all my resources to average down and then get out, but is worried this stock won't move much and then I really will not have any more money to invest in other opportunities. Really not sure what is the best step. But I do believe eventually this stock will rise...but who knows when????

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