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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 14, 2021 7:58am
77 Views
Post# 32991176

RE:RE:RE:RE:RE:RE:RE:RE:RE:Covid I inside

RE:RE:RE:RE:RE:RE:RE:RE:RE:Covid I inside If we are talking and comparing both and not just bashing, I think SRU will do fine going forward, I believe REI will do well with the WELL in particular... and NAV will be revalued higher in the future, I dont think SRU is going over $35 a share within 3 years, but REI could be $30... So as far as capital gains go REI will likely be the winner. I own both.

Most of my money is in HR which I think has the potential to double in the next 5 years... and has the potential for big dividend increases... REI already said they dont plan on increasing it.. Maybe long term they will... SRU will likely be pretty flat, no or minimal increases I predict.... I dont think you can go wrong owning REI, SRU, and HR. Time will tell, no one knows exactly whats going to happen, everyone here is makings best guesses.... but if you are best guessing 5% 10% or 20% growth over the next 4 or 5 years its better than some stocks that you guess if they are going to survive or not... these REITS are going to be a great investment when we look back in only a couple years... they are investments in the future, not speculation.

my2pennies wrote: Hi Mat, yeah they followed a similar path so that was my original logic for buying equal amounts of each (a small attempt to diversify). The accumulated monthly payout was indeed higher on SRU since 2015. I did temporarily (for a about 6 months) divest myself of each in 2016 when I got completely spooked at how fast each of them appreciated in value (it just didn't make any sense to me at the time). Also, since I don't hold these investments in a sheltered account, SRU has also has had a slighter better distribution tax profile as I plan to hold these shares indefinitely...I really like the higher return of capital that SRU has had when compared to REI. I would of bought a lot more of both at the March 2019 panic selling, but focused my cash on BPY, which by dumb luck turned out to be the right play. I do REALLY hope that REI is positioned to do really well (otherwise I would sell). I'm more than happy to see REI blow SRU blow out of the water, but that never seems to happen, but maybe this is the year.


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