TSX:REI.UN - Post by User
Comment by
Covidruinedmeon Oct 29, 2020 2:42pm
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Post# 31804785
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Riocan sells assets at 3.5% and 4.5% CAP Rates
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Riocan sells assets at 3.5% and 4.5% CAP Rates
no you didnt get my point. I invested in riocan because they said they are getting big into rental residential. But it turns out they are just s developer on a side. That's why I got in riocan, instead of buying car.un with insane premium due to being residential, I got into riocan and wait for the market to price in the residential portfolio in 5 to 8 years. But that was all a pipe dream because market wont give riocan a residential premium if they dont keep any for themselves.