RioCan Real Estate Investment Trust T.REI.UN

Alternate Symbol(s): RIOCF

Real Estate REIT - Retail

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

Comment by stocktalkon Oct 27, 2020 6:15pm

117 Views

Post# 31792924

RE:RE:Bought $500k worth Monday, and $250k today of REI

Sapho wrote:

Kenneth9 wrote:
Why? Because $50k/yr is not enough, I wanted $75k/yr from RioCan distributions. I decided this was a better bet than Chemtrade, at the very least it's not as risky.

All my other holdings are in growth stocks, but I wanted a fat distribution to fund my future growth stock purchases.

It's what you make after taxes in a investment account, Rei holders will be taxed at the highest
tax rate. Should bought ENB, FTS, or TD, at least you get the div tax credit.

You could have bought KEY or PPL with similiar dist with less tax implications. Congrats.