Related posts
Sell-off resumes, gold shinesMost Anticipated Earnings: NTR-T, ONEX-T and more Canadian Companies Reporting Earnings this Week (Feb 17-21)Most Anticipated Earnings: MRE-T, PSI-T and more Canadian Companies Reporting Earnings this Week (Aug 05-09).This summary was created by AI, based on 7 opinions in the last 12 months.
RioCan Real Estate Investment Trust (REI.UN-T) remains a substantial player in the mixed-use retail space, maintaining a robust 96% retail occupancy in Q4 along with a modest 1.5% rental growth. The company's current challenges stem from increasing e-commerce pressure and a complicated condo market, yet it is seen as a reliable investment, particularly for income seekers, due to its 6% yield. Experts recognize the potential for upside as RioCan refocuses on urban centers and considers capital reallocations, especially concerning its multi-family residential portfolio. Despite some concerns about debt management in a rising interest environment, overall sentiment is cautiously optimistic, with several experts noting that now might be the right time to invest given favorable risk/reward dynamics.
Value pick given current share price. Company beginning to find its way again. Returning back to core strengths of the business. Focus on urban centers very good idea. Management team is performing well.
Attractive level, high double-digit discount to NAV. Great portfolio. Multi-family residential portfolio is growing, may start selling it off and reallocating capital to retail or to share buybacks. Overhang: $600M worth of condos closing in next 3 years. Risk/reward is in your favour to buy here.
Concerns over exposure to condo market. Great portfolio, quite defensive. He's bullish on outdoor shopping centre landscape across Canada, with low supply and increasing demand from population growth. Great management. You're well served by holding on.
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.
Exposed to rising interest rate payments on debt used to buy properties. Good yield is in competition with no-risk bonds. In the space he owns CAR.UN instead, which is multi-family housing.
Blue chip in shopping centre space. Growing footprint in residential. Will benefit from capital coming in to pay down debt. Internal growth is 3-4%. Good one to own going forward. Nice yield of 6%.
Distribution very safe due to proactive cutting during pandemic. Achievable net operating growth of 3%, last quarter was 3.7%. Despite rising rates, with population growth, limited new supply, and limited retail bankruptcies, setup generally good for shopping centres in Canada. In a good spot.
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.
It's in the most hated sector (office real estate and malls), given low occupancy rates in cities like Toronto and competition from Amazon. Also, Riocan carries a lot of debt. Debt is rising; rents are falling. Don't touch it.
It is doing a lot of things right and has a good distribution. He prefers a REIT with growth.
Great portfolio of retail and office, plus some new residential buildings. Solid yield of around 5.4%. Trades at a discount to NAV. Solid management. A buy.
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. 2 analysts 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 2025-03-28, RioCan Real Estate Investment (REI.UN-T) stock closed at a price of $17.2.
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.