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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 Saphoon Aug 16, 2020 11:48am
121 Views
Post# 31414531

RE:SAPHO says

RE:SAPHO says
thenewsnake wrote:

"This panademic is real and we will face another shutdown in Fall". 

You do realize there's 17 people out of 14 million currently in the hospital of C19 currently, which is a percentage that basically is zero. More people get injurred from coconuts falling on their heads.  You should get out on Yonge street, the lineups to get into some patios are insane.  I wouldnt disagree about a lockdown happening again because these elected officials have drank the coolaid.


Forget about US. Look at EU and UK. More restrictions and lockdown are taking place in summer. 

REI.UN will be in 10's and they will be forced to cut div.  Market does not think the div is sustainable and with evental lockdown cominng as soon as school opens. Best place to be in Cash. 
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