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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 Apr 07, 2021 8:23am
64 Views
Post# 32947777

RE:RE:2021 will be a write off

RE:RE:2021 will be a write offblue is doom and gloom nothing else... I ignored him ages ago.. As for the "new" shutdown that is going to be announced, I honestly dont care that much. I have 4 stores - and I received an email that I am going to get another $20k grant without even applying... its a help, but only covers part of my expesnse....... I feel for barber shops etc but anyone in any sort of home improvement, ie, lumber, retail, furniture etc is doing very well... My neighbor owns 4 office buildings, he said everyone is still paying rent and planning on being back by the summer, we are in the end game now. Shut down until Mid May, and we will have 5% per week getting vaccinated, thats another 20 to 25% on top of the 16% we have done now, so 36 to 40% vaccinated by mid may, with the first shot at least. We will have restrictions until end of summer I suspect, but I dont see another lockdown again. Im in my early 50's, I will be getting the pfizer shot likely within the next few weeks. that gets me to 100% no hospital visit, and 80% protected from any sort of illness... the second shot gets you to 90% so I can see why they want everyone with one shot first........ This has been an epic failure by the govt though.. procuring vaccines and having Canada 43rd on the vaccination per capita is definetly a failure. And a special thanks to the US for loaning us your defective Astra Zenaca... no doubt they already knew the "issues".. 

Shirtlessnomore wrote: Blue, you are just echoing the message sent for months now, the "market crash" has been predicted since January or before by many. Just like the pre determined "3rd wave" lol
BlueGuitar1 wrote: Stay at home orders to come.  2021 will be a write off.  Sell in May and go away will happen this year.  VOCs are alarming now. 

One can hope for a melt up, but I think that is what we are experiencing already.  A market crash is inevitable.  GLTA.




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