Re: Benj Gallander was about RioCan
The
operator Ed Sonshine is just brilliant, and right now is talking about
selling their US operations. They bought the US operations on the cheap
during and after the recession, and now is talking about selling it.
Also, had the US$ appreciation at the same time. This is a company that
he likes, but this sector is dangerous to some degree, because a lot of
retailers are having problems. More and more people are buying on the
Internet, and that will continue to a certain degree. To him it is too
expensive, but for other people he could see why they might choose this.