TORONTO, ONTARIO–(Marketwired – May 15, 2015) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced a distribution of 11.75 cents per unit for the month of May. The distribution will be payable on June 5, 2015 to unitholders of record as at May 29, 2015.
RioCan is Canada’s largest real estate investment trust with a total enterprise value of approximately $16.2 billion as at March 31, 2015. It owns and manages Canada’s largest portfolio of shopping centres with ownership interests in a portfolio of 353 retail properties containing more than 79 million square feet, including 48 grocery anchored and new format retail centres containing 13 million square feet in the United States as at March 31, 2015. RioCan’s portfolio also includes 15 properties under development in Canada. For further information, please refer to RioCan’s website at www.riocan.com.
Executive Vice President, Chief Financial
Officer and Corporate Secretary