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Bullboard - Stock Discussion Forum 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... see more

TSX:REI.UN - Post Discussion

RioCan Real Estate Investment Trust > Prediction 2021
View:
Post by stocktalk on Dec 28, 2020 10:15am

Prediction 2021

Consumers will not buy the $100 Lululemon yoga pants, rather they need to put food on the table.

Cdns realize they had no savings during covid, savings will go up and people will live very basic.

Your thoughts
Comment by thenewsnake on Dec 28, 2020 10:40am
I disagree. No one is buying clothes cause people are in their PJs all day working from home. Lots of kid activities and sports are closed.  Office return will be more important for retail rebound
Comment by gashole on Dec 28, 2020 11:00am
The people buying 100 lulu lemon pants are not the ones that are hurting.. I make and sell high end home furnishings, just came off a record year.. No issues with people spending $10,000 on hand made bedroom furniture. No problem at all.. Those people are working at home - bored - cant travel and still making 100k + per year - each...  The people you are talking about are laid off and never ...more  
RioCan Real Estate Investment Trust
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