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

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Post by Lacas24on Dec 04, 2020 8:23am

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Post# 32035511

Putting lipstick on this pig

I love how some of you try to hype yourself that this was a well thought prudent move. It is a disaster. No one is cutting dividend in the recovery phase. Who does that? You had ample time to cut with everyone else. Now you stopped the rally on its tracks and sending back the stock Into the summer lows. For what? A la la land promise of a buyback? 27 REITs out of my 64 watchlist actually raised dividend the last quarter. Not one cut it. This honor wil go to this pig and their management.

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