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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 garyreins on Aug 17, 2024 8:43pm

WHY BOTHER?

Think of everything this REIT has done on the ground past decade.  Capital recycling out of the US, huge renovations on yonge/ sheppard, and yonge/ st clair and others that saw much more prestigious space with bigger tenants...I.e LA fitness.  Now that residential pipeline and condos and THE WELL.. CACTUS CLUB OPENING AT YONGE SHEPPARD this week

BUT... ALL SHAREHOLDERS GOT WAS A BIG DIVIDEND CUT AND A SHARE PRICE FROM 24 AVG TO 17

WHY BOTHER... just sell the reit
Comment by Janniem on Aug 18, 2024 6:49pm
lol, Gary you sell, we are happy to pick up your shares! you are just on here to diss this stock so you can buy more. Why else would you be here?
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