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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 CANCDNon Nov 03, 2020 2:37pm
72 Views
Post# 31830855

RE:Glad I loaded up on REI and locked in the 10% yield

RE:Glad I loaded up on REI and locked in the 10% yield
Kenneth9 wrote:

I enjoy getting paid while I wait for REI to return to a more respectable unit price. I believe a $20+ unit price is fair value under current conditions, but once there's a vaccine and a true recovery this could fetch $30+/unit in a few years. Who knows, there might even be a dividend increase in a couple of years. 



Once The Well is stablized, we will be getting a raise. 

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