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Gold/Mining/Energy : Canadian REITS, Trusts & Dividend Stocks

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To: Greg Spendjian who wrote (182)	3/22/1999 9:40:00 AM
From: teevee	Read Replies (1) of 11633

Grag, First, get an annual report of each trust. Then you will see the difference in management, properties, development capabilities, leverage, etc. For example, RFN's properties are mostly strip malls anchored by London drugs, TD Band and Safeway. They are very new developments with low vacancies. The developer is a major shareholder of the trust. This allows RFN better spreads/returns than other trusts who just buy and rent/lease. As I said before, the "slick willie" garbage offer from Rio Can is a laugh. regards, teevee

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