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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. 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

Comment by born2tradeon May 13, 2020 11:32am
108 Views
Post# 31022388

RE: Distribution Cuts

RE: Distribution Cutspal - no one know if we will be alive tomorrow or not. life in general is uncertian. what we know that Riocan owns land and buildings  that will have some value when the situation improves and we know that situaiton will improve someday. until situation improves , you are paid to wait . even the dividend, it will yield more than the interest on the saving account. 

Investor9999999 wrote: No one really knows what the long term effect of this pandemic will be , especially on retail. I don't see how they can promise not to cut the distribution.Woudn't it be better to be honest with investors.




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