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 > Overweight Riocan but not optimistic

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Comment by Shirtlessnomoreon Feb 09, 2021 1:29pm

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Post# 32514508

RE:RE:RE:Overweight Riocan but not optimistic

That's exactly why I took my profit and exited, I think they will and when they do I dont want to be holding it. Lots is open but a bunch closed as well and they are big overhead places that may not recover, Jmo.

gashole wrote: the thing I dont like about SRU is they could cut the divi... they have over 100% payout ratio, this quarter should be interesting.. they might hold it, but if they cut the dividend could be lower than REI as a yield unless the stock drops a lot, which it likely would.. so thats why I am a bit sketchy on SRU. Otherwise though I think its a great company.

Bagofhammers wrote: SRU is a stronger reit on multiple fronts. Everyone enjoy the reduced div payment this week?