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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
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Comment by Covidruinedmeon Nov 16, 2020 5:14pm
73 Views
Post# 31911100

RE:RE:Why sell?

RE:RE:Why sell?
you fail to understand that market isnt going to care about a short term shutdown and more pain ahead now that we have two very successful vaccines, just like how it didnt care about 90 plus collection, no dividend cut and almost zero death a few weeks ago. Market is forward looking. Riocan traded around 15 with no vaccine. You are saying it's going back to that level with vaccine. Think about it. Dont ypu think market doesnt know about an incoming lockdown? Like you and CANDAD are the two only people know about this inside trading news? Lol why would the market care about a month long lockdown if the majority in north America are vaccinated by spring? America just announced they are going to vaccinate everyone who wants it by Q2 2020, around 30 million are going to get one by year end. These 30 millions are the elderlies, responsible for 90% of death.
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