Earnings
June 5, 2020 - AI
New! Atrium Mortgage Investment Corp. Q1-2020 Earnings, Price Target Update .....
June 4, 2020 - MIC
New! Genworth MI Canada Inc. Q1-2020 Earnings, Price Target Update .....
June 3, 2020 - FC
Firm Capital Mortgage Investment Corp. Q1-2020 Earnings, Price Target Updat .....
May 31, 2020 - TD
TD Bank - Q2-2020 Fiscal Earnings & Price Target Update .....
May 30, 2020 - CM
CIBC - Q2-2020 Earnings & Price Target Forecast .....
May 28, 2020 - BMO
Bank of Montreal - Q2-2020 Earnings, Fiscal 2020 Forecast .....
May 28, 2020 - NA
National Bank of Canada - Q2-2020 Earnings, Price Target Update .....
May 28, 2020 - BNS
Bank of Nova Scotia, Q2-2020 Earnings & Price Target Update .....
Recommendation Changes
CPX, H, QBR.B, AW.UN, SU, more...

RioCan REIT- Q1-2019 Earnings & Price Target Update

This is only a sample of the article, please login to view the entire article

Riocan REIT owns, manages and develops retail properties, with a strategic focus to add mixed-use retail and residential transit-oriented properties in Canada's six major markets. Ownership interests include 230 retail and mixed-use properties, including 14 properties under development, comprising in total 37.5M sq. ft. The major Canadian markets contribute 88% of revenues; the balance is from secondary markets. The Greater Toronto area contributes 48% of revenues, Ottawa – 13%, Alberta -16%, Montreal-5% and Vancouver - 6%.

In Oct-2017 a strategy was put in place to shift the portfolio focus in Canada's six major markets through the sale of approximately 100 properties located primarily in secondary markets across Canada over two to three years. As of Mar-31-2019, approximately $1.3B of properties in secondary markets represents approximately 65% of the disposition target. A total of $1.8B of properties has been sold over the past two years. Among their largest tenants are Loblaws, Shoppers Drug Mart, Canadian Tire, Walmart and Cineplex Galaxy Cinemas.

Intensification Strategy

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
June 5, 2020
New! Coverage Universe - Weekly Price Change: May 29 - June 5, 2020
May 29, 2020
Coverage Universe - Weekly Price Change: May 22-29, 2020
May 22, 2020
Coverage Universe - Weekly Price Change: May 15-22, 2020
May 15, 2020
Coverage Universe - Weekly Price Change: May 8-15, 2020
May 8, 2020
Coverage Universe - Weekly Price Change: May 1-8, 2020
May 1, 2020
Coverage Universe - Weekly Price Change: Apr 24-May 1, 2020
April 24, 2020
Coverage Universe - Weekly Price Change: Apr 17-24, 2020
April 17, 2020
Coverage Universe - Weekly Price Change: Apr 10-17, 2020