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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 07, 2020 7:40pm
80 Views
Post# 32054958

RE:RE:RE:RE:RE:LOOKY LOOKY

RE:RE:RE:RE:RE:LOOKY LOOKY

Ed let it slip that the payout will be 60% starting Jan. As such, he knows what q4 results are, and they are similar to q3. This isn't the US where people just don't pay rent like 30% of BPY retail tenants, in Canada, you pay or your bankrupt. One or the other. 


thenewsnake wrote: FFO and rent collections arre obviously going to be poor for Q4 and Q1. Toronto in lockdown, and no clarity on when things will reopen....so they had to do this.  Government isn't exactly providing timelines or transparency

 

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