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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 BlueGuitar1on Sep 11, 2020 1:43pm
140 Views
Post# 31543530

RE:RE:RE:RE:RE:RE:RE:RE:RE:RED AGAIN

RE:RE:RE:RE:RE:RE:RE:RE:RE:RED AGAIN
milliontrader wrote:
Vaccine is too far away, there is no and wont be treatment for virus without a bad side effect and we will never ever get even close to herd immunity when non competent wants to shut down the economy everytime we go from 100 daily cases to 120

It looks like herd immunity exists in Sweden.
It looks like most of Africa is doing great too.  Perhaps because they are using HCQ + Zinc prophylactically?  Looks like it along with herd immunity. 
Treatment using Beta-Interferon looks amazing too. 
There will not be another shutdown.  
Even Canadian Banks are starting to make their employees go back to the office.  Looking at CIBC spending a billion to renovate their offices- they are going back.
Don't be fearful.  A vaccine is not that far away. Or simply, buy when others are fearful. 
Also, I don't know if most are buying on margin.  I don't.  I have a large holding and also use a covered call strategy.  I get the premiums and the dividends and waiting for capital appreciation in the coming year.  Looks like a win-win to me.  
And with 90% collection and a large amount of ca$h coming in by the year end from the government, the dividend is more than safe.  Just MHO. 

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