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 > No longer a PROUD owner of RIOCAN

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Comment by Shirtlessnomoreon Dec 05, 2020 5:39pm

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Post# 32044714

RE:RE:No longer a PROUD owner of RIOCAN

And just to disclose I'm not pumping it, I've been buying it since 10 bucks, no reason to pump it, it will be 14 before long and that's my target, wait for a dip, god knows we get lots of dips in this environment. ..

Shirtlessnomore wrote: Hey snake, just a reminder CSH.UN a nice recent dip I bought some more friday, they are ALREADY locked down and have been for months. Not making light of it but the long term care homes have alot going for them, residents and the employees are 1st in line for vaccines, the government sure as hell isnt going to look after our elderly so these places arent going anywhere. Wait for a dip then do a decent trade out of a tfsa. Just a thought but CSH.UN wont stay down at that price its!a huge safety stock amoung retired people and institutions. Cheers!
thenewsnake wrote: I was intent in the summer to make Riocan one of my largest holdings. I did that, at 250k. The yield was 9%, it was looking rosy.

But now the market figured it out- REITS like Artis, and HR, that are geographically and diversified REITS have steady industrial/office rents that is not impacted by lockdowns.

Let's be realistic, in the lockdown world, which may not ease up anytime soon, RIOCAN IS A DAWG with fleas.