RioCan Real Estate Investment was recommended as a Top Pick by on .
Q. What buildings does RioCan own?
Properties owned by RioCan include Lawrence Allen Centre in Toronto, Chapman Mills Marketplace in Ottawa, RioCan Centre Kingston in Kingston, and Burlington Centre in Burlington.
Table of Contents
- Q. What buildings does RioCan own?
- Q. What type of REIT is RioCan?
- Q. Is RioCan a monthly dividend?
- Q. Who is owner of RioCan?
- Q. Who is Jonathan Gitlin?
- Q. Does RioCan offer a DRIP?
- Q. Who is Edward Sonshine?
- Q. Who does RioCan rent to?
- Q. Does RioCan have a drip?
- Q. What is a good P E ratio for a REIT?
- Q. How big is the RioCan development in Calgary?
- Q. Where are RioCan and Woodbourne developing in Toronto?
- Q. What kind of real estate does RioCan invest in?
Q. What type of REIT is RioCan?
RioCan Real Estate Investment Trust
RioCan Real Estate Investment Trust (REIT) is an unincorporated “closed-end” trust governed by the laws of the Province of Ontario and constituted pursuant to a Declaration of Trust. RioCan is publicly traded and is listed on the Toronto Stock Exchange under the symbol REI.
Q. Is RioCan a monthly dividend?
RioCan Real Estate Investment Trust will pay its monthly dividend of $0.08 on 11/5/21, Ferguson PLC will pay its semi-annual dividend of $1.665 on 12/10/21, and IHS Markit Ltd will pay its quarterly dividend of $0.20 on 11/12/21.
Q. Who is owner of RioCan?
Jonathan Gitlin (Apr 1, 2021–)
RioCan Real Estate Investment Trust/CEO
Q. Who is Jonathan Gitlin?
Jonathan D. Gitlin is a Senior Scientist Emeritus at the Marine Biological Laboratory. He received his B.S. and M.D. from the University of Pittsburgh and completed his residency and fellowship training at Boston Children’s Hospital.
Q. Does RioCan offer a DRIP?
RioCan suspended its DRIP until further notice effective November 1, 2017. Effective with the March 2016 distribution, the effective discount Unitholders received on units purchased with the reinvestment of their regular monthly distributions was decreased from 3.1% to 0%.
Q. Who is Edward Sonshine?
Edward Sonshine is the Founder and Chief Executive Officer of RioCan Real Estate Investment Trust, one of Canada’s largest REITs. Its portfolio of over 40 million square feet already contains such large mixed-use properties as Yonge Eglinton Centre and Yonge Sheppard Centre.
Q. Who does RioCan rent to?
RioCan’s tenants include some of the biggest names in retail, from Loblaws and Canadian Tire to Winners, HomeSense and Metro. Our tenant relationships are longstanding and mutually beneficial. We succeed when our retailers do.
Q. Does RioCan have a drip?
Q. What is a good P E ratio for a REIT?
For REITs as a whole, median P/E is 19.73. Subsets within the REITs category include retail, residential, office, industrial, hotels, health care, and diversified. Industry-specific median P/E ratios within the REIT space range from -53.22 to 41.99.
Q. How big is the RioCan development in Calgary?
On the 2.75-acre site RioCan developed an urban retail centre named 5th & Third. Within the 178,000 sq ft of retail space including a new urban-format Superstore, occupying 80,000 sq. ft, in addition to an Olympia Liquor, Winners, TD Bank, Scotiabank and others.
Q. Where are RioCan and Woodbourne developing in Toronto?
RioCan and Woodbourne are 50-50 partners on Litho, a mixed-use development at 740 Dupont St. that will have eight storeys featuring 210 rental apartments and 30,500 square feet of retail at street level. Leases have been signed with grocer Farm Boy and the LCBO.
Q. What kind of real estate does RioCan invest in?
RioCan owns, manages and develops retail-focused, increasingly mixed-use properties in Canada’s major markets. Properties in prime locations and a highly experienced team help our tenants thrive. Future-proof strategy, focused leadership and solid financials make RioCan a sound investment.
