One of Canada's oldest real estate investment trusts says today's borrowing rates are beyond any internal forecast by executives, but RioCan believes rental increases will mitigate the damage from a rising interest rate environment.
RioCan Looks to Rising Rents as Interest Rates Climb
Toronto REIT Sees American and European Leasing Interest as It Locks Down Debt Costs
By Garry Marr
CoStar News16 May 2022 | 19:51
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IN THIS ARTICLE
- Companies
- RioCan
Real Estate