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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 canadianon Dec 18, 2020 2:03pm
156 Views
Post# 32141291

who are the morons selling and why?

who are the morons selling and why?Government is paying rent until June. Vaccination happening now. All of Canada will be vaccinated by September. Zero or very low interest rates for the foreseeable future. Lot of immigration to Canada every year. Can't understand the logic behind their selling? Even if it's tax loss selling, why are they doing it in the last couple of weeks?

Good for me as I can add slowly but it looks like I have to keep extra cash for these kind of pullbacks
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