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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 gasholeon Jan 11, 2021 8:14am
73 Views
Post# 32265448

RE:risk

RE:riskI dont have a problem with it.. are there better ways or easier ways to make money? Not likely in this environment. They need to focus on dumping properties that are not performing, and diversifying more in my opinion. With realestate nothing happens quickly, but over time we will see this company grow and thrive. I think they are doing the right things

Reitguy wrote: how does everyone feel about the path RioCan is taking, Selling air rights vs building and collecting. Seems like the safer play in this environment.  Im not sure if Jonathan Gitlin's thumb print are on these deals but what i do know is he's not a risk taker.  The fact that they are moving the business forward during covid is a good sign imo.


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