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Nervous markets await NvidiaThis summary was created by AI, based on 6 opinions in the last 12 months.
RioCan Real Estate Investment Trust (REI.UN-T) continues to show resilience as a major player in the retail-focused, mixed-property landscape. Despite facing challenges, particularly with the impact of e-commerce and the situation surrounding The Bay, the company has managed to maintain a solid occupancy rate of 96% in retail and a modest rental growth of 1.5%. The management is focusing on urban centers and is expected to return to its core strengths, emphasizing the potential for recovery. There are concerns about its exposure to the condo market and the rising interest rate environment that may pressure profitability. Nevertheless, with a 6% yield and commendable cash flow, RioCan is positioned as a reliable option for income-oriented investors, even though the short to medium-term complexities remain.
Still a REIT giant. Leads in the retail-focused, mixed-property use. Definitely impacted by The Bay situation. Retail weakness over next 6-12 months could be an issue.
Saw 96% retail occupancy in Q4, and 1.5% rental growth. Pressure from e-commerce. Issued debt in January to bolster balance sheet, debt is still manageable. Rate cuts could continue to spark leasing demand. Yield is 6%, cash machine for income lovers. Still reliable.
Short term, he's constructive, likely more upside, a yield beneficiary. Medium term, might be one of the largest REITs in Canada, but one one of the smaller investors compared to pension plans, for example. Buying and developing assets is complex, expensive, and fraught with uncertainty. Fragile profile, despite good yield and recent rally.
Biggest proxy for the Canadian REIT market. Great assets, executes well. Over time, their strategic decisions get sideswiped. Occupancy issues, but they're improving. Dynamic for retail is not great, AMZN stole many lunches. Canadian consumer is tapped out, interest rates still high.
You'll probably be OK, but he'd buy a couple of names ahead of this one. He owns SRU.UN instead, anchored by WMT.
RioCan Real Estate Investment is a Canadian stock, trading under the symbol REI.UN-T on the Toronto Stock Exchange (REI.UN-CT). It is usually referred to as TSX:REI.UN or REI.UN-T
In the last year, 6 stock analysts published opinions about REI.UN-T. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for RioCan Real Estate Investment.
RioCan Real Estate Investment was recommended as a Top Pick by on . Read the latest stock experts ratings for RioCan Real Estate Investment.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
6 stock analysts on Stockchase covered RioCan Real Estate Investment In the last year. It is a trending stock that is worth watching.
On 2025-04-25, RioCan Real Estate Investment (REI.UN-T) stock closed at a price of $16.99.
We think REI will be able to manage HBC's exit. The valuation is quite low at 9X cash flow, and, all things considered, the units have held up relatively well, down 6% YTD and up 2% in 52 weeks. The distribution was raised in February and payout is a decent 60%. We would not expect much from the sector, considering economic conditions, and minimal growth is expected (consensus). Still, this seems reflected in the valuation, and any good news would likely be quite positive to the stock. We would consider it 'OK', for income, overall. We are just not so sure this is a 'good' time to buy. 'Accumulate' slowly might be a better strategy.
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