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RioCan Real Estate Investment Trust T.REI.UN

Alternate Symbol(s):  RIOCF

Real Estate REIT - Retail
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

RioCan Real Estate Investment Trust
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Post by hroark7on May 14, 2023 10:19am
157 Views
Post# 35447303

Yahoo Article on RioCan CEO

Yahoo Article on RioCan CEOhttps://www.yahoo.com/lifestyle/difficult-to-get-your-head-around-the-barriers-to-building-homes-riocan-ceo-191346172.html



Relevant quote:

The company has 10 development projects underway, all located in southern Ontario and mixed-use residential, meaning the buildings have a residential and retail component.

Gitlin wants to see $55-$60 million of the company's net operating income come from residential by 2026. That number stood at $4.3 million as of the first quarter.
 

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