The report for RioCan is updated and rated (higher) Buy at $15.56. The yield is attractive at 9.3%. There is some potential for a cut to the distribution due to the impacts of the pandemic. But management maintains they are comfortable with the current level. This is a well managed entity with very high quality assets. If in fact there ends up being no cut to the distribution then it seems likely that the units will move up in price possibly back towards the $25 level and certainly something above $20 would seem reasonable. Nevertheless there is also a risk that the whole physical retail sector is to be avoided due to the move to online. So, as always there are no guarantees but at around $15.56 these units appear to be attractively priced.