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 > GREEN!!

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Comment by gasholeon Jan 14, 2021 11:03am

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Post# 32293971

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:GREEN!!

Im near retirement - well sort of... long way from cpp etc but I would like to retire - - if it wasnt for this virus I might have as my wife and I like travelling down south 3 or 4 times a year, we really love the carribean..... but with all this going on, its risky to do.., I try to diversify as much as I can.. I like stable dividends, and also ones that will grow the dividend over time, like CPX, and POW. also the pipelines typically do as well... I have owned ENB on and off over the last year, but I recently bought 2000 shares at $41 I just thought its too cheap and with a 8% dividend yield... I couldnt pass it up.

Sapho wrote:

gashole wrote: I own all those... plus CPX, POW, a couple of BMO etf's, and other reits and another 8 or so stocks.... I bought more SIA under $13 this week as I think with the old age homes getting the vaccines first, the stock price should recover first as well..... as matter of fact I put my entire RRSP into Keyera at $11/share and added more at $13.50 back in the spring.. with drip and share price increase I have more than doubled my RRSP..

Sapho wrote:

SargeX wrote: Hey Seek

Thanks to you as well on your nice comments. Definitely living the good retirement life.

I was just saying to Gas that the midtsreamers have started their recovery. I also see that some of the pure renewables and green guys have started correcting. I figured it'd happen sometime this year but it looks like it might be sooner than later.

Take her easy
Sarge

SeekAlpha81 wrote: So much hate, LOL! You guys are making Sarge famous! Sarge just kick your feet up and laugh while you're enjoying retirement... keep living the good life my friend.

I agree with you and gas... tech and green investments are in a bubble and bubbles always pop! These REITS will have their time to shine along with many other value plays. The government just needs to keep jabbing people in the arm ASAP.

I personally like the recent moves Riocan has been making. They're developing a few key pieces of land that I know about which will unlock tons of value.

GLTA!

While REITS have shown some sign of life in the last few days. Look at ENB, KEY, PPL. They have been on fire since 2 weeks ago. Money is flowing in.

Cheers

Great move. I also own T, SJR.B, EIF and CPX and SU. Still would like to get one REIT. Like you, my RRSP is onlhy SU. i bought it at 17 and now it is 23. Nice return. I am retired so stable income is very imortant to me.GLTA