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 > LOOKY LOOKY

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Comment by SirCharlesVon Dec 07, 2020 2:23pm

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Post# 32050801

RE:RE:LOOKY LOOKY

Smart move Sapho. That dividend is safe and backed by BAM. I'll likely be joining you as a BPY shareholder in January.

Ed's total compensation last year was $6.2 million, way above the median total compensation of $3.9 million for CEO's of similar sized REITs. Take from the poor shareholders from a dividend cut, and increase executive pay, sounds fair to me.

Sapho wrote:

thenewsnake wrote: Spread between Riocan and BPY is narrowing at $1.40. Used to be a $4 to $5 gap last month

I loaded up on BPY today. Nice div as long as BAM continue to support SP.

REI.UN will be at 16 after this month dist. Ed the con man only cut div to pay his CEO more. Will be intersting what would be salary of ED as just a board member ...