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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Post by CANCDNon Jul 22, 2020 12:15pm

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Post# 31302444

Im going all in

Im going all in into earnings next week. Hoping for a small pull back tomorrow to move all in. Results arnt going to be great, but they are not going to be close to a 50% loss of value in this company. in fact, besides Cineplex and a few gyms, everything else is open and small business has a cushion until the end of August thanks for the governemnt of Ontario.

Im thinking revenue will be dowm from 248 to 120 for the quarter due to deferrals, but RioCan will report that 100 of that will be coming back by end of the year from deferrals and government programs.

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