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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 19, 2020 5:28pm
89 Views
Post# 32147791

RE:IT'S NOT THAT BAD

RE:IT'S NOT THAT BAD

Good news is that winners and Oshkosh are paying rent... how do i know? Because the locations in my city are open and busy and if they don't pay rent, RioCan can force the entire company into bankruptcy. Same with GoodLife/fit 4 less. All open in my city. 


thenewsnake wrote: Went to the Yonge/Sheppard centre just now. I was expecting  ghosttown since we're in "lockdown", but actually it was anything BUT.   For starters, surprised to find ALL the mobile services- FIDO, KUDO, were all open and considered "essential".  Restaurants and food court were doing decent business to for take out.  Dollarama and Shoppers packed.   The PURDYS chocolate stand was even open for pick up and was sold out of all of items!

Winners and Osh Bgosh were closed, and GNC closed permanently.

But other than that, it wasnt that bad

 

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