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RioCan Real Estate Investment Trust (REI.UN)
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Hudson's Bay Company (HBC)
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Primaris Real Estate Investment Trust (PMZ.UN)
Q: Which REITs are most affected by potential exit of HBC? Would this have any significant effect on remaining retailers of clothing and textiles. I was once told by retail analyst there is significant over capacity in retail floor space devoted to clothing.
5i Research Answer:
REI.UN and PMZ.UN are the most exposed. REI has a joint venture with 12 HBC stores, PMZ notes...