RioCan Real Estate Investment Trust
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Real Estate : Equity Real Estate Investment Trusts (REITs) | Mid Cap Value
Based in Canada
Company profile

RioCan Real Estate Investment Trust (RioCan) is a Canada-based closed-end real estate investment trust. The Trust owns and manages Canada's portfolio of shopping centers with ownership interests in a portfolio of 230 properties with an aggregate net leasable area (NLA) of approximately 39.1 million square feet, including residential rental and 13 development properties. The Trusts property portfolio includes grocery anchored, new format retail, urban retail, mixed use and non-grocery anchored centers of which approximately 190 properties are owned, which includes approximately 186 income properties and four properties under development, and approximately 40 are co-owned through joint arrangements with co-owners including approximately nine under development. The Trusts projects are categorized into urban/mixed use, renovation/backfill and greenfield/expansion.

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Li Auto January deliveries rise more than 350%, but stock falls

6:45 am ET February 2, 2021 (MarketWatch)

Shares of Li Auto Inc. (LI) fell 3.2% in premarket trading Tuesday, in the wake of the China-based electric vehicle maker's announcement overnight that January deliveries grew more than four-fold from a year ago. Li's report comes a day after fellow China-based EV makers reported January deliveries (, in which Nio Inc.'s (NIO) jumped 352% and Xpeng Inc.'s (XPEV) hiked up 470%. Li's deliveries rose 356% to 5,379 Li ONE SUVs. Separately, the company said it established a new research and development center in Shanghai, aimed a developing EV technologies, such as high-voltage platforms, ultra-fast charging technologies and autonomous driving technologies. Li's stock has rallied 40.0% over the past three months through Monday, while Nio shares have climbed 71.0%, XPeng's stock has soared 138% and the S&P 500 has gained 14.0%.

-Tomi Kilgore; 415-439-6400;


(END) Dow Jones Newswires

February 02, 2021 06:45 ET (11:45 GMT)

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