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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

RioCan Real Estate Investment Trust
Bullboard Posts
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(4)
•••
Comment by CANCDNon Nov 05, 2020 1:39pm
50 Views
Post# 31843109

RE:RE:RE:The Well

RE:RE:RE:The Well
CANCDN wrote:
Covidruinedme wrote:
what does the air right do For the buyer ?


It allows them to build up. So Tridel had to buy the rights to build condos on top of Allied/ RioCan Retail space. Obviously, Allied and RioCan build thier office and rental towers for free since they own the land.



Permitted air rights. You need to have the permits to build and then sell those air rights, or build yourself.
Bullboard Posts
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