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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

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Post by Reitguy on Jan 10, 2021 10:42pm

risk

how does everyone feel about the path RioCan is taking, Selling air rights vs building and collecting. Seems like the safer play in this environment.  Im not sure if Jonathan Gitlin's thumb print are on these deals but what i do know is he's not a risk taker.  The fact that they are moving the business forward during covid is a good sign imo.
Comment by gashole on Jan 11, 2021 8:14am
I dont have a problem with it.. are there better ways or easier ways to make money? Not likely in this environment. They need to focus on dumping properties that are not performing, and diversifying more in my opinion. With realestate nothing happens quickly, but over time we will see this company grow and thrive. I think they are doing the right things
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