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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 CANCDNon Apr 12, 2021 9:33am
65 Views
Post# 32976469

RE:RE:RE:Passive Investor Response

RE:RE:RE:Passive Investor Response

I am told by others that some whom I have blocked cannot read a management presentation. 


please have them review the SRU q4 2020 investors presentation presented on March 10, 2021 where is clearly states that following

on page 16 note the total investment is 13.5 billion , but in the shaded area just to the right, the REIT share is 7.9 billion in investment.

on page 22... REIT share of value creation 1.6 to 2.0 billion. 


so, yes, your value creation is 67 sqft. That's what storage units and nursing homes bring. VMC and Cambridge are nice developments, but unfortunately, SRU only gets small % as outlined on page 20. Pg 20 shows that SRU unit holders get a big slice of storage units and Nursing homes. Mitch takes the condos and townhouses. 


 


 

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