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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

Post by BlueGuitar1on Jan 22, 2021 11:25am
142 Views
Post# 32359440

There will be a third wave and a 4th wave.

There will be a third wave and a 4th wave.The summer will give us a false sense of optimism and then the 3rd wave will come by Fall 2021.  The 4th wave will come by the Fall of 2022 will be much less virulent.  The economy will be killed and we should see a double bottom.  In due course, even our beloved REITS will retest March 2020 lows.  Brief periods of economic boom will fool us, then the next Great Depression thanks to our Central Banks.  What goes up, must come down.  We are living in the greatest economic bubble every created.  
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