Posted on 02/11/09
Optimistic RioCan moves on U.S. market
INVESTMENT REPORTERRioCan Real Estate Investment Trust is considered by many to be the cream of the Canadian REIT crop.As Canada's largest REIT, it owns a portfolio of shopping centres anchored by stable tenants such as Wal-Mart, Loblaw and Shoppers Drug Mart. It's run by a well-respected management team. And it has a strong balance sheet fortified by recent equity and debt offerings.
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