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 > Trying to understand

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Comment by Mirko22on Jan 26, 2021 2:40am

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Post# 32384964

RE:RE:RE:RE:RE:RE:RE:Trying to understand

SargeX wrote: Hey BOH

Totally agree with you on CPX. What a pleasant surpise for us. I had been going on about what a crappy companyy ALA was and someone suggested I look into CPX. I always thought of them as "coal" guys but was surprised to hear how quickly they had divested a good chunk of their coal and gotten into other parts of the utility biz. We sold all our ALA and bought CPX on Aug 31 at $29.07. We bought it for the divy so the capital appreciation to $38.18 is quite the bonus.

Take her easy
Sarge

Bagofhammers wrote: If someone is holding Gamestop - they would be a fool to hold onto it much longer.
I think you can get a little of both. CPX - capital gain has been significant over the past 6 months and a nice divy to boot.