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.

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RioCan Real Estate Investment Trust > See what a bunch of bs it was

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Comment by CANCDNon Dec 03, 2020 7:29pm

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RE:RE:RE:See what a bunch of bs it was

I don't think it will give up much.

I believe this is about borrowing more money. When you borrow money, lenders have conditions. For reits, that usually includes payout restrictions under 80. Their is more to this story

EdPaquette wrote: In an interview on bnn, Ed said no dividend cut.

HermannHaller wrote: I'm not sure when they said no dividend cut, but they certainly said 'ample liquidity' as recently as the Q3 results. I don't think ample liquidity is consistent with a 33% distribution cut. Particularly surprising when we now know there is a vaccine that works, and will be rolled out over the next six months.

This stock is up 23% since the vaccine news...how much of that does it give back tomorrow? And do the other REITs go down with it???