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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

Post by BlueGuitar1on Dec 04, 2020 6:10pm
176 Views
Post# 32042450

Timeline to herd immunity

Timeline to herd immunityDay 1 get vaccine. (Pfizers)
Day  7, min. immunity starts.
Day 21 get 2nd vaccine dose.
Day 31 get immunity.
Ipsos survey says only 54% of people willing to get vaccine and will wait. 
Initial doses go to LTC homes and medical staff.

In Canada, start in April 2021.
Roll out to rest of people throughout rest of 2021.
Make no mistake, this pandemic is going on for a long time to come. 

Politicians get their advice from well paid public health doctors.  I believe the Toronto Public Health doctors make over $300K per year and with all the overtime, probably more? The bottom line is that these people who are not hurting financially, say they care and say that they understand but they don't understand.  

Timeline?  2023 before we see herd immunity.  

And it will take years for RioCan properties to complete construction.  Years.  So with less money in your pockets due to the cut in distributions, I bet many will look for better opportunities for the next two years.  

Some prime locations are now toxic, imo. 

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