Lower Interest Rates a Plus for RioCan

RIOCAN REAL ESTATE INVESTMENT TRUST $22 (Toronto symbol REI.UN; Aggressive Growth Portfolio, Manufacturing & Industry sector; Units outstanding: 209.5 million; Market cap: $4.6 billion; SI Rating: Average) moved down in January on investor concerns that problems in credit markets would hinder its expansion, and that… Read More

RioCan offers attractive returns with low risk

Many Real Estate Investment Trusts (REITs) moved down in January on investor concerns that problems in credit markets would hinder expansion plans, and that a slower economy might hurt cash flows. However, interest rates have dropped, and occupancy levels and leasing rates remain high at… Read More