TORONTO, Feb. 11, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCan” or the “Trustâ) announced today its financial results for the three months (“Fourth Quarter”) and year ended December 31, 2020. âI cap off my 108th and last quarter as CEO of RioCan as we continue to grapple with the COVID-19 pandemic. Considering the… [Read More]
RioCan Real Estate Investment Trust Announces Revised Time for Fourth Quarter 2020 Conference Call and Webcast
TORONTO, Jan. 19, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ) (TSX: REI.UN) today announced that it has revised the time for its conference call and live audio webcast to discuss financial results for the three months and year ended December 31, 2020. The conference call and live audio webcast is now scheduled… [Read More]
RioCan Real Estate Investment Trust Announces January 2021 Distribution
TORONTO, Jan. 15, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ) (TSX: REI.UN) today announced a distribution of 8 cents per unit for the month of January. The distribution will be payable on February 5, 2021 to unitholders of record as at January 29, 2021. About RioCan RioCan is one of Canadaâs largest… [Read More]
RioCan Real Estate Investment Trust Announces Disposition of Partial Interests and Formation of New Partnerships for Mixed-use Development Projects in Toronto and Montreal
TORONTO, Jan. 05, 2021 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ or the âTrustâ) (TSX: REI.UN) today announced the completion of three transactions including the introduction of two new partners and the unwinding of a former partnership as follows: A new 50/50 partnership with Fieldgate Urban (âFieldgateâ) for a mixed-use condominium development with… [Read More]
RioCan Real Estate Investment Trust Realizes Density Value on Sales of Air Rights at The Well™ in Toronto and 5th & THIRD™ in Calgary
TORONTO, Dec. 23, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ or the âTrustâ) (TSX: REI.UN) today announced the completion of the sales of a portion of the air rights at The Well⢠in Toronto and 5th & THIRD⢠in Calgary. Combined, RioCan realized density value totalling approximately $45.4 million at RioCanâs interest… [Read More]
RioCan Real Estate Investment Trust Schedules Fourth Quarter 2020 Earnings Release, Conference Call and Webcast
TORONTO, Dec. 18, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ) (TSX: REI.UN) today announced that it is scheduled to release its financial results for the three months and year ended December 31, 2020 before the market opens on Thursday, February 11, 2021. Interested parties are invited to participate in a conference call… [Read More]
RioCan Real Estate Investment Trust Announces December 2020 Distribution
TORONTO, Dec. 15, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ) (TSX: REI.UN) today announced a distribution of 12 cents per unit for the month of December. The distribution will be payable on January 8, 2021 to unitholders of record as at December 31, 2020. About RioCan RioCan is one of Canadaâs largest… [Read More]
RioCan Real Estate Investment Trust Completes Green Bond Offering $500 Million of 5.5-Year Series AD Senior Unsecured Debentures at an Annual Coupon Rate of 1.974%
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 14, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ or the âTrustâ) (TSX: REI.UN) today announced that it has closed its previously announced offering of $500 million principal amount of Series AD senior unsecured debentures (the âDebenturesâ). The… [Read More]
RioCan Real Estate Investment Trust Earns Top GRESB Rating and Delivers Key ESG Achievements
TORONTO, Dec. 14, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ or the âTrustâ) (TSX: REI.UN) is pleased to announce that it has achieved a 5-Star rating in the 2020 GRESB Real Estate Assessment with a score of 85. The 2020 score represents a 97% improvement since RioCanâs first submission in 2017. RioCan… [Read More]
RioCan Real Estate Investment Trust Announces Redemption of Series R Unsecured Debentures
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ or the âTrustâ) (TSX: REI.UN) today announced that it is issuing a notice of redemption to holders of its $250 million, 3.716% Series R senior unsecured debentures due December… [Read More]
RioCan Real Estate Investment Trust Announces Green Bond Offering Issuance of $500 Million 5.5-year of Series AD Senior Unsecured Debentures at an Annual Coupon Rate of 1.974%
TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) — RioCan Real Estate Investment Trust (âRioCanâ or the âTrustâ) (TSX: REI.UN) today announced that it has agreed to issue $500 million principal amount of Series AD senior unsecured debentures (the âDebenturesâ). This issuance is RioCanâs second Green Bond offering. The Debentures are being offered on an agency basis… [Read More]
RioCan Real Estate Investment Trust Announces One-third Reduction in Distributions to Unitholders
TORONTO, Dec. 03, 2020 (GLOBE NEWSWIRE) — Today, RioCan Real Estate Investment Trust (âRioCanâ or the âTrustâ) (TSX: REI.UN) announced a reduction of RioCanâs monthly distribution to unitholders from $0.12 per unit to $0.08 per unit, or from $1.44 to $0.96 on an annualized basis. RioCanâs Board of Trustees has determined the reduction is appropriate… [Read More]
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