TSX:REI.UN - Post by User
Post by
Reitguyon Oct 18, 2020 1:31pm
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Post# 31736181
So what are we expecting in 5 years a 20% rise in total
So what are we expecting in 5 years a 20% rise in total look 5 years down the road and conservatively estimate the total rents collected, i estimate a 20% increase in rents collected. Not to mention the projects that are in the works.
Ive lived in Mississauga for nearly 50 years its a slow progression but it just keeps going and going, ive watched Shoppers world Brampton transform more than once. I once slid down the water slide (don't expect many to remember that short lived experiment inside the mall) point is as long as the gta keeps growing riocan will flourish.
I can name 2 other properties in Mississauga that have plans in the near future for high rise buildings where 1 level retail was before. Thats like turning 8k per month into 350k of rental income.... conservatively.
I don't need to look at this investment everyday, but i do lol