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 > Made a mistake - sorry

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Comment by Saphoon Dec 22, 2020 11:20am

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Post# 32160786

RE:RE:RE:Made a mistake - sorry

CANCDN wrote: Yes, where have you been? That was one of the benefits we got from Cineplex to abate rent. We now have redvelopment rights on ALL RioCan owned Cineplex locations.

Think huge wide open useless parking lots.

Rio Colossus is being planned as a 10 MILLION SQ FT redevelopment. Put that into perspective, that is almost 1/3 of the entire SQFT RioCan currently owns. Add in Shopperworld Bramptom redveloment and you have 16 MILLION Sq ft which is almost 1/2 the current day sqft.

People are just crazy. They dont understand the financials and plans of the companies they invest in. Its just mind boggling.

I am not sharing anything new (well other than the Shoppers World approval that RioCan hasnt publicaly disclosed yet) that cannot be found by taking some time to do research.

Sapho wrote:

CANCDN wrote: I had been preaching that RioColossus was planned to be 6.7 million NLA and I was wrong. I wasnt even in the ball park,

Its going to be 10 MILLLION PLUS of new NLA!!! I dont know how I missed that.

This 10 MILLION plus of NEW NLA isnt even part of the current 40 million + official development pipeline in the quarterly reports.

Vaughn is pushing hard to get these developments, like the SRU VTC developments moving. Sonshine said recently on a podcast expect to see first apartments completed within 3 years on RioColossus. Good bye ugly flying saucer

Used to go to movies there long ago. Back then there was nothing there, Does REI own the land on flying saucer if it does . lots of potential with all condo development going on highway 7.