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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 SirCharlesVon Dec 15, 2020 4:19pm
140 Views
Post# 32111581

Very strong high volume close, welcome to Santa Clause rally

Very strong high volume close, welcome to Santa Clause rallyThere was a very strong high volume close today. If this momentum continues into January we'll likely be at $20. We might even hit $24 sometime between May-July if the vaccine rollout continues as planned.

Scotiabank's $27 year end 2021 forecast may actually end up being more or less accurate. Never underestimate the vociferous strength of undervalued real estate.  
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