Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Bullboard Posts
User Avatar Image
(46)
•••
Comment by Saphoon Aug 25, 2020 6:39pm
124 Views
Post# 31452773

RE:The reasons I invested $1 million in RioCan

RE:The reasons I invested $1 million in RioCan
Stockguru2017 wrote: After cashing in on the recent tech and gold run, I decided to pick up some shares from out of favour sectors, and very few sectors were as beat up as retail REITs. I bought $1 million worth of RioCan shares, and made it my largest position.

I love that it's so despised making it an ideal contrarian play, but what I loved even more is the 9.4% distribution yield that will pay me $94k/year until it recovers and doubles in price.     


Congrats on cashing out. Congrats. I hold 700K in REI as I added more today. Collect the coupoun and expect 20-22 in few years. 

I got out of BPY as well as it is not going anywhere. I will buy back BPY if BAM offer 14.50USD. :) 

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities