REIT REPORT

REIT news, Real Estate Investment Trusts, Canadian REIT News, REIT Stocks Canada


RioCan REIT Announces Completed Leasing of Bathurst College Centre Development

By Tagged With:

TORONTO, Aug. 23, 2018 (GLOBE NEWSWIRE) — RioCan REIT (TSX:REI.UN) today announced it has leased approximately 98% of its new Toronto development, Bathurst College Centre, after signing a lease with a leading, international technology company.  The mixed-use development has also attracted high-profile retail tenants led by FreshCo. (Sobeys), Winners and Scotiabank, all of which are… [Read More]

Allied, Enwave and Riocan to accelerate expansion of thermal energy system in Toronto

By Tagged With: ,

New thermal energy storage tanks at ‘The Well’ development will provide year-round, low-carbon cooling and heating services to Toronto’s downtown west.  TORONTO, Feb. 8, 2018 /CNW/ – Allied Properties REIT (“Allied”) (TSX: AP.UN), Enwave Energy Corporation (“Enwave”) and RioCan REIT (“RioCan”) (TSX: REI.UN) are joining forces to extend Enwave’s existing Deep Lake Water Cooling and… [Read More]

RioCan and Allied Announce Results of Condo Marketing Program at King Portland Centre in Toronto's Downtown West

By Tagged With: ,

TORONTO, ONTARIO–(Marketwired – Oct. 17, 2017) – RioCan REIT (TSX:REI.UN) and Allied Properties REIT (TSX:AP.UN) today announced that the residential condominium units at King Portland Centre are substantially sold out, subject to customary closing conditions and rights of rescission. RioCan and Allied expect the profitability of these units to exceed initial expectations. King Portland Centre… [Read More]

Allied and RioCan to Acquire Diamond Corp.'s Interest in Commercial Component of The Well

By Tagged With: ,

TORONTO, ONTARIO–(Marketwired – Oct. 5, 2017) – Allied Properties REIT (TSX:AP.UN) and RioCan REIT (TSX:REI.UN) today announced that they have entered into a binding agreement to acquire Diamond Corp.’s undivided 20% interest in the office and retail components of The Well (the “Commercial Component”) for a purchase price of up to $42 million. On completion… [Read More]

Allied and RioCan Achieve 93% Lease-Up of Office Space Under Construction at King Portland Centre in Toronto

By Tagged With: ,

Shopify Expands its Requirement to Approximately 158,520 Square Feet TORONTO, ONTARIO–(Marketwired – July 19, 2017) – Allied Properties REIT (TSX:AP.UN) and RioCan REIT (TSX:REI.UN) today announced another important lease transaction in connection with the development of King Portland Centre in Toronto. Shopify has signed a commitment to expand its lease requirement by approximately 46,234 square… [Read More]

RioCan Real Estate Investment Trust Announces Results of Voting at RioCan's Annual Meeting

By Tagged With:

TORONTO, ONTARIO–(Marketwired – June 8, 2017) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced the results of the votes held at its June 8, 2017 Annual Meeting of unitholders (the “Meeting”). The total number of units represented by unitholders present in person or by proxy at the Meeting was 187,638,650; representing 57.59% of… [Read More]

RioCan Real Estate Investment Trust Announces Appointment of Qi Tang as Chief Financial Officer

By Tagged With:

TORONTO, ONTARIO–(Marketwired – June 8, 2017) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) is pleased to announce that it has promoted Qi Tang to Senior Vice President and Chief Financial Officer (“CFO”) of RioCan effective June 8, 2017. She will continue to report to the Chief Executive Officer, Edward Sonshine. “Qi has done an… [Read More]

RioCan REIT Announces Commencement of Residential Development at Windfields Farm

By Tagged With:

TORONTO, ONTARIO–(Marketwired – May 25, 2017) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) is pleased to announce that is has commenced development at Windfields Farm in Oshawa, Ontario with its partner Tribute Communities (“Tribute”). In 2015, RioCan announced that it had formed a joint venture with Tribute to develop a residential project on a… [Read More]

RioCan REIT Announces Firm Agreement at Sunnybrook Plaza With Concert Real Estate Corporation

By Tagged With:

TORONTO, ONTARIO–(Marketwired – May 23, 2017) – RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) and Concert Real Estate Corporation (“Concert”) are pleased to announce the signing of a firm agreement on May 17, 2017, with RioCan selling a 50% interest in Sunnybrook Plaza at a sale price of $26.3 million ($52.5 million at 100%) to… [Read More]

RioCan REIT Announces Financial Results for the First Quarter 2017 and Returns Occupancy to Above 96%

By Tagged With:

TORONTO, ONTARIO–(Marketwired – May 12, 2017) – RioCan’s HIGHLIGHTS for the three months ended March 31, 2017: For the quarter ended March 31, 2017 (“First Quarter”), IFRS Operating income increased to $179 million from $170 million or 5.3% in the quarter from the prior year; Revenue increased 2.1% for the First Quarter to $290 million… [Read More]