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Bullboard - Stock Discussion Forum 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... see more

TSX:REI.UN - Post Discussion

RioCan Real Estate Investment Trust > Made a mistake - sorry
View:
Post by CANCDN on Dec 22, 2020 9:32am

Made a mistake - sorry

I had been preaching that RioColossus was planned to be 6.7 million NLA and I was wrong. I wasnt even in the ball park,

Its going to be 10 MILLLION PLUS of new NLA!!!  I dont know how I missed that.

This 10 MILLION plus of NEW NLA isnt even part of the current 40 million + official development pipeline in the quarterly reports.

Vaughn is pushing hard to get these developments, like the SRU VTC developments moving. Sonshine said recently on a podcast expect to see first apartments completed within 3 years on RioColossus. Good bye ugly flying saucer
Comment by gashole on Dec 22, 2020 9:45am
Im from the area more or less, you should post a picture of it, I am sure 80% of people on here dont know what you are talking about
Comment by Covidruinedme on Dec 22, 2020 10:24am
so you are going to sit on it for 8 to 10 years until its done just to double your money instead of buying any tech stock and 10x fold your money in 3 months? LOL you are married to the stock. bad move
Comment by gashole on Dec 22, 2020 10:43am
you like to make a lot of assumptions... because people post on this board they own no other stocks.??. I think any investor worth their salt has owned shopify, tesla, peleton, and others, I know I have.. I have since sold them, but I believe others here have put money into those companies as well.. I did very well off them, I made 100k US on netflix alone. Some of them were very obvious trades ...more  
Comment by CANCDN on Dec 22, 2020 10:55am
Covidinsideme is on block, so the only reason I know what he/she posted was because gashole quoted it.  I am not interested in tech stocks. I am fully aware you can make huge gains, but also aware they are fully in a bubble. Tesla worth more than all other car companies combined.. yup, seems rational.  I am an investor, not a trader. I invest in real estate both physical and through ...more  
Comment by Mirko22 on Dec 22, 2020 10:59am
You are stupid. pumping a $10 stock
Comment by Mirko22 on Dec 22, 2020 11:02am
GARBAGE stock value is 10. buy apple. There is a new stock named ORANGE, Buy this one,
Comment by Sapho on Dec 22, 2020 11:05am
Used to go to movies there long ago. Back then there was nothing there, Does REI own the land on flying saucer if it does . lots of potential with all condo development going on highway 7. 
Comment by Mirko22 on Dec 22, 2020 11:12am
GARBAGE stock 10
Comment by CANCDN on Dec 22, 2020 11:16am
Yes, where have you been? That was one of the benefits we got from Cineplex to abate rent. We now have redvelopment rights on ALL RioCan owned Cineplex locations. Think huge wide open useless parking lots. Rio Colossus is being planned as a 10 MILLION SQ FT redevelopment. Put that into perspective, that is almost 1/3 of the entire SQFT RioCan currently owns. Add in Shopperworld Bramptom ...more  
Comment by Sapho on Dec 22, 2020 11:20am
I did say i was spening over the past 10+ year in UK. Los of residental potenital. Good to know. Thanks 
Comment by Mirko22 on Dec 22, 2020 11:28am
GARBAGE stock $10. LOSERS
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