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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 mavion Aug 25, 2004 11:11am
215 Views
Post# 7848085

RE: Take Over Canadidate

RE: Take Over CanadidateThe single constant of big pension plan administration is the need for monthly payouts to the pensioners. They need a steady, reliable monthly source of cash to pay their members. What is RioCan if not a steady, reliable monthly source of cash? I continue to be surprised that one of the big union pension plans (teachers, OMERS etc)doesn't attempt to swallow RioCan whole. It must at least be under consideration by them, for the obvious benefits.
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