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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 Dec 03, 2020 8:37pm
118 Views
Post# 32034230

RE:RE:RE:RE:What does a dividend cut really mean? Let's look at history.

RE:RE:RE:RE:What does a dividend cut really mean? Let's look at history.

Also meshes with Sonshine radio interview couple weeks ago. The cut makes no other sense except if they can create tremendous value. If the 150mill kick starts shopper world have at er.


CANCDN wrote:

you think it is just a coincidence that on the day that the decision is released to the public after hours (RioCan would know this was coming) is the same day the announce a cut? 

announce cut, then good news in the morning. Sonshine 101. Will announce they are starting ASAP with financing in place with requirement to keep payout below 80%

 

hroark7 wrote:

 

CANCDN wrote: they made this decision because they are going to announce shoppers world in the morning. 6x bigger than the Well, 20% sqft of all of RioCan in ONE redevelopment. They cut because they have to to get loan covenents!


If this happens, the stock will likely moon.




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