TSX:REI.UN - Post by User
Comment by
CANCDNon Sep 09, 2020 5:50pm
89 Views
Post# 31530754
RE:RE:RE:DOG WITH FLEAS
RE:RE:RE:DOG WITH FLEASSapho wrote: BlueGuitar1 wrote: thenewsnake wrote:
This REIT is always red or flat. Smart centres and other reits creeping up, not riocan!
Learn how to play this then?
I moved to Smart REIT. I will sell the rest of my shares tomorrow... While div is great. I am looking for growth. I will buy REI.UN at 12
in your dreams this is going back to 12.
Smart is decent, but they are selling at 25% discount to NAV and if your bored with RioCan, Smart is the definition of sideways. It's the same price it was back in early June... with a lower dividend.
RioCan upside is at least 50% higher than Smart IMHO and 25% less risky.
Smart is still to many non Toronto holdings. Too many secondary markets. People need to understand Canada is literally shrinking EVERYwhere other than about 5-10 big cities.
i like Smart developments but again, near highways are good, but not on subway and LRT which is what really jacks up the prices of real estate.
Smart is my #2