TORONTO - One of Canada's biggest commercial real estate owners and operators says the sector is struggling with ongoing COVID-19 lockdowns, but most of.
RioCan Q4 net income down 50% as tenants remain closed bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
RioCan Real Estate Investment Trust Announces Revised Time for Fourth Quarter 2020 Conference .
RioCan Real Estate Investment TrustJanuary 19, 2021 GMT
TORONTO, Jan. 19, 2021 (GLOBE NEWSWIRE) RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced that it has revised the time for its conference call and live audio webcast to discuss financial results for the three months and year ended December 31, 2020. The conference call and live audio webcast is now scheduled to begin at 9:00AM Eastern time on Thursday, February 11, 2021. Financial results will be released before market opens Thursday, February 11, 2021.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
RioCan Real Estate Investment Trust Realizes Density Value on Sales of Air Rights at The Well™ .
RioCan Real Estate Investment TrustDecember 23, 2020 GMT
TORONTO, Dec. 23, 2020 (GLOBE NEWSWIRE) RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced the completion of the sales of a portion of the air rights at The Well™ in Toronto and 5th & THIRD™ in Calgary. Combined, RioCan realized density value totalling approximately $45.4 million at RioCan’s interest for the development of multi-residential condominium and rental buildings that will provide complimentary residential to the commercial components of RioCan’s mixed-used developments.
The Daily Chase: Rosenberg s cash hoard warning; China probes Alibaba VIDEO SIGN OUT
Reminder: Markets close at 1 p.m. ET and BNN Bloomberg s live programming ends at 2 p.m. ET.
Thereâs arguably been no hotter topic of conversation lately than the mountains of cash weâre told Canadian households and businesses are sitting on, and how those funds will be deployed. But one of the countryâs most prominent economists is warning the pandemicâs scarring effect means consumers are going to be more inclined to save on the other side of COVID. âThe fear of a return of some other pandemic is going to be on our minds,â according to David Rosenberg, who estimates the savings rate could rise from seven to 10 per cent of disposable income. Weâll keep gathering perspective on this crucial issue for the economy. If you missed Rosenbergâs comments, check them out here.