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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 Mirko22on Jan 01, 2021 3:10pm
98 Views
Post# 32207710

RE:RE:TFSA Contributions

RE:RE:TFSA Contributions
hroark7 wrote:
RetiredCEO wrote:
Just transferred my TFSA contribution. And likely so will millions of others. What will we all buy? REITs are very possibly a target as they are still depressed in pricing, and TFSA shelters the income well in this tax advantage account. Happy New Years.


Happy New Year RetiredCEO, CADCDN, Gashole and everyone here! (except for snake)

My TFSA will be locked and loaded and ready to go with my 2021 contribution by Monday. I also have a whole bunch of cash saved up from these last few months in my RRSP and taxable. Looking to add more RioCan and then just sit back, collect the dividend.

I really believe that we will turn the corner this year on the virus. Optimistically, by spring and "worst" case scenario, this is all over by September. And as it appears that is going to happen, we will start approaching NAV of $24.50. Then by end of year, the office tenants will start taking possession at The Well and as the market discounts that information, the focus will be on RioCan's pipeline the stock will really take off in 2022, I'm calling $24 before end of 2021 and $30 before end of 2022.



You are dreaming, This stock will see $13 in next 3 months.
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