TSX:REI.UN - Post by User
Comment by
CANCDNon Dec 03, 2020 7:32pm
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Post# 32033981
RE:RE:US Reits cut and
RE:RE:US Reits cut and I bet it about lender covenants... he talked about shoppers world and Rio colosus on radio show a week ago. He never spoke much about them before. Said their will be apartment buildings on Rio colossus within three years if that is the case, work needs to start ASAP.
with cineplex re development rights, that godawful saucer building is likely about to meet the demolishing ball.
gashole wrote: Ya but smuckshine lost credibility for rei when he said no cut... never should have said it.... and cutting now looks like something bad is coming instead of just being preemptive for safety just in case like hr did for example.... and a recovery is around the corner, and NOW they cut???? Long term no worries, short term anything can happen
CANCDN wrote: SP went up!
SPG cut by 40% and day after announcement price went up!