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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 my2pennieson Apr 17, 2021 11:01am
89 Views
Post# 33017001

RE:Hey gas

RE:Hey gas
Not sure why people are surprised by this. Anyone who has studied epidemiology and previous pandemics (and is smart enough to to use a spreadsheet) saw this playing out well over a year ago. We had two options in early March of 2020.
Option 1. Complete drastic lockdownuntil cases drop zero (6 weeks for Sars-Cov-2). This was something most western politicians were not strong enough to do as the sheeple would cry out that their human rights are being violated.
Option 2. Only use temporary and sliding scale restrictions and plan quarterly for the inevitable outbreaks and wave upon wave of infection (along with variants) until herd immunity is reached via vaccine or natural. This is something the sheeple would hate, but tolerate.
There is no conspiracy, it was known this is what would happen for Option 2 to keep hospitalizations to bearable numbers. I recall the models back in early 2020 showing this almost exact scenario for Canada. It's math and biochemistry folks, not a conspiracy. Personally, as soon as I realized option 2 is what the West going to do, I made my investment strategy to suit it. Most of the people in our investment club did the exact same thing. I'm definitely no financial expert (prior the pandemic I was barely beating your average ETF fund), but even I have made a stupidly ridiculous sum off the stock market based purely on knowing the virus models and that people panic so easily. Where this group needs to be is getting smarter than the politicians who are scrambling cause they never chose option 1 in the first place. We are in a rare time that one can predictably make money on the stock market. Tech recovered first, now financials, we'll see infracstructure next (including REITs), followed by non renewable energy and travel/hospitality stocks. You can either fruitlessly complain about what the government is doing or put your thinking/strategy hats on and make a tonne of money off of this pandemic. Move your money to catch the recovery of each of the sectors (and within the sectors) as the pandemic restrictions VERY predictably unfold due to the VERY predictable hospitalization rates. Cheers folks. Happy weekend to all!
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