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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

Post by CANCDNon Oct 01, 2020 5:48pm
275 Views
Post# 31655402

We’re screwed for a bit

We’re screwed for a bit

Listening to call the daily conferences today. We are screwed for now. Long term things will be good, but Ontarionis behind 80,000 tests and getting worse by the day, reporters calling for lockdowns pretty much every question, Toronto apparently has a housing bubble.

gonna be a rough ride. Management is doing the best they can, but the market is going to touch this for a while.

I am jealous of BPY right now who are even worse off with 100% enclosed malls offices and many malls still closed but BAM is buy back like crazy. On the offer/bid list, its constant market buy in 1000 chunks from same broker all day for the last week. 


BAM is going to delist BPY imho. 

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