TORONTO, March 28, 2022 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) and Harden, today announced that effective July 1st, 2022, Harden will assume third-party property management responsibilities for RioCan’s 18 Quebec retail properties that comprise RioCan’s entire Quebec portfolio, outside of Gatineau. This agreement strengthens RioCan’s regional position,… [Read More]
RioCan Real Estate Investment Trust Announces March 2022 Distribution
TORONTO, March 15, 2022 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 8.5 cents per unit for the month of March. The distribution will be payable on April 7, 2022 to unitholders of record as at March 31, 2022. About RioCanRioCan is one of Canada’s largest real… [Read More]
RioCan Real Estate Investment Trust outlines clear ambition and presents five-year growth targets at its 2022 Virtual Investor Day
TORONTO, Feb. 23, 2022 (GLOBE NEWSWIRE) — Today, at its 2022 Virtual Investor Day, RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) will present “Quality & Growth”, its 2022–2026 strategic roadmap with new five-year financial growth targets. “RioCan has a clear strategy to capitalize on our best-in-class properties, embedded development pipeline, and… [Read More]
RioCan's 2021 Results Reflect Quality of Portfolio and Tenants
Net income of $598.4 million and FFO per unit 1 of $1.60 Distribution increase of 6.25% to $1.02 per unit annually effective February 2022 TORONTO, Feb. 09, 2022 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) announced today its financial results for the three months and year ended December 31, 2021 (the… [Read More]
RioCan Real Estate Investment Trust To Host 2022 Virtual Investor Day on February 23, 2022
TORONTO, Jan. 27, 2022 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) announced that it will host its 2022 Virtual Investor Day on Wednesday, February 23, 2022 at 1:00 PM ET. President and Chief Executive Officer, Jonathan Gitlin, and members of RioCan’s leadership team will discuss RioCan’s current operations, recent developments, and… [Read More]
RioCan Real Estate Investment Trust Announces January 2022 Distribution
TORONTO, Jan. 17, 2022 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 8 cents per unit for the month of January. The distribution will be payable on February 7, 2022 to unitholders of record as at January 31, 2022. About RioCanRioCan is one of Canada’s largest real… [Read More]
RioCan Real Estate Investment Trust Schedules Fourth Quarter 2021 Earnings Release, Conference Call and Webcast
TORONTO, Jan. 07, 2022 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced that it is scheduled to release its financial results for the three months and year ended December 31, 2021 after the market closes on Wednesday, February 9, 2022. Interested parties are invited to participate in a conference call… [Read More]
RioCan Real Estate Investment Trust Announces December 2021 Distribution
TORONTO, Dec. 15, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 8 cents per unit for the month of December. The distribution will be payable on January 10, 2022 to unitholders of record as at December 31, 2021. About RioCanRioCan is one of Canada’s largest real… [Read More]
RioCan Real Estate Investment Trust Announces Changes to Board
TORONTO, Dec. 13, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) today announced that Paul V. Godfrey, C.M., Lead Trustee of RioCan’s Board of Trustees (the “Board”) has retired from the Board effective December 10, 2021. RioCan is pleased to announce that Siim Vanaselja, currently Chair of the… [Read More]
RioCan Real Estate Investment Trust appoints John Ballantyne to Chief Operating Officer
TORONTO, Nov. 25, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) is pleased to announce the appointment of John Ballantyne to the position of Chief Operating Officer (“COO”), effective January 1, 2022, a promotion from his current role as Senior Vice President, Asset Management. As RioCan’s COO, Mr…. [Read More]
RioCan Real Estate Investment Trust Announces November 2021 Distribution
TORONTO, Nov. 15, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 8 cents per unit for the month of November. The distribution will be payable on December 7, 2021 to unitholders of record as at November 30, 2021. About RioCanRioCan is one of Canada’s largest real… [Read More]
RioCan's Third Quarter Results Driven by Robust Portfolio Fundamentals
Net income of $137.6 million and FFO of $0.40 per unit Committed occupancy increased to 96.4% and blended leasing spread was 7.5% Capital recycling gains momentum with $880.5 million in of dispositions for 2021 High GRESB 2021 assessment scores earn top ranks, including 5 Star rating TORONTO, Nov. 09, 2021 (GLOBE NEWSWIRE) — RioCan Real… [Read More]
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