TSX:REI.UN - Post by User
Post by
materialsgirlon May 24, 2021 9:16am
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Post# 33256565
Within 30 months 10,000 residences will have been built
Within 30 months 10,000 residences will have been built
• ~100% located in Canada’s six major markets
• ~73% located in the GTA
•~83% are residential developments
•~60% located on transit
• Completed / In development by 2023*
~3,685 residential rental units
~6,348 condo/townhouse unit
This aspect of Riocan is "huger" than investors recognise.
The rentals will be cash cows forever.
The condos/townhouses will produce huge earnings.
There is still a chance of 10,000 rental units by 2030
$30 a share is closer than you think to use an automobile term
mat