Skip to content Skip to sidebar Skip to footer

Tag: Edward Sonshine

HomeAll PostsTag: Edward Sonshine
Business Financial Management Real Estate Retail Retailer

RioCan Real Estate Investment Trust to increase its monthly distribution starting with January 2018

TORONTO, 2017-Dec-04 — /EPR Retail News/ — RioCan Real Estate Investment Trust(“RioCan”) (TSX:REI.UN) today ( Dec. 01, 2017) is pleased to announce that it will increase its monthly distribution to unit holders to 12 cents per unit commencing with the January 2018 distribution, payable in February 2018. On an annualized basis, this will increase RioCan's annualized distribution by 3 cents to $1.44 per unit, or…
December 4, 20170Comments

Read more

Business Malls Management Retail

RioCan Real Estate Investment Trust enters into an agreement with CT Real Estate Investment Trust for the sale of seven retail properties

TORONTO, Canada, 2017-Nov-30 — /EPR Retail News/ — RioCan Real Estate Investment Trust(“RioCan” or the “Trust”) (TSX:REI.UN) today announced that it has entered into an agreement with CT Real Estate Investment Trust ("CT REIT") for the sale of seven retail properties, all of which are anchored by a Canadian Tire banner, for a total sale price of $200 million. The…
November 30, 20170Comments

Read more

Malls Management Retail

RioCan REIT and Allied Properties REIT: residential condominium units at King Portland Centre are substantially sold out

TORONTO, Canada, 2017-Oct-23 — /EPR Retail News/ — 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…
October 23, 20170Comments

Read more

Malls Management Real Estate Retail Retailer

RioCan REIT updates on the development of its midtown Toronto project, ePlace

TORONTO, Canada, 2017-Sep-08 — /EPR Retail News/ — RioCan Real Estate Investment Trust(“RioCan”) (TSX:REI.UN) is pleased to provide an update on the development of its landmark, mixed-use, transit oriented project at the northeast corner of Yonge Street and Eglinton Avenue, also known as ePlace. The development is located in the heart of midtown Toronto at the intersection of Yonge Street and Eglinton Avenue, directly…
September 8, 20170Comments

Read more

Business Financial Management Retail Retailer

RioCan Real Estate Investment Trust Q2 2017 results: IFRS Operating income reached $185 million; up by 8.5% from same period last year

RioCan's HIGHLIGHTS for the three and six months ended June 30, 2017: For the quarter ended June 30, 2017 ("Second Quarter"), IFRS Operating income increased to $185 million from $171 million or 8.5% in the quarter from the prior year; Revenue increased 3.6% for the Second Quarter to $286 million as compared to $276 million for the second quarter of 2016; Funds From Operations…
August 7, 20170Comments

Read more

Business Financial Management Retail Retailer

RioCan Real Estate Investment Trust updates on its capital recycling program

TORONTO, ONTARIO, 2017-Jul-05 — /EPR Retail News/ — RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) is pleased to provide an update on its capital recycling program. On June 29, 2017, RioCan completed the sale of its Cambie Street property in Vancouver, B.C.for a sale price of $94.2 million, which equates to a capitalization rate of 3.29%. RioCan has also entered into…
July 5, 20170Comments

Read more

Business Management Retail Retailer

Joint venture to develop residential community at Gloucester City Centre in Ottawa, Ontario

TORONTO, ONTARIO and HALIFAX, NOVA SCOTIA, 2017-Apr-26 — /EPR Retail News/ — RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) and Killam Apartment Real Estate Investment Trust ("Killam") (TSX:KMP.UN) are pleased to announce the formation of a joint venture to develop a rental residential community at Gloucester City Centre in Ottawa, Ontario. On April 21, 2017, Killam…
April 26, 20170Comments

Read more

Business Financial Management Retail Retailer

RioCan Real Estate Investment Trust to release its 1Q 2017 financial results on Friday, May 12, 2017

TORONTO, ONTARIO, 2017-Apr-05 — /EPR Retail News/ — RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today (April 3, 2017) announced that it is scheduled to release its financial results for the three months ended March 31, 2017 prior to the market open on Friday, May 12, 2017. Interested parties are invited to participate in a conference call…
April 5, 20170Comments

Read more

Business Management Retail Retailer Shopping

RioCan Real Estate Investment Trust appoints Qi Tang as Acting CFO

TORONTO, ONTARIO, 2017-Mar-31 — /EPR Retail News/ — RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) is pleased to announce that it has appointed Qi Tang as Acting Chief Financial Officer of RioCan effective April 3, 2017. She will be reporting to the Chief Executive Officer, Edward Sonshine. "Qi has made a significant impact at RioCan since…
March 31, 20170Comments

Read more

Business Management Retail Retailer

RioCan Real Estate Investment Trust’s CFO Resigns

TORONTO, ONTARIO, 2017-Mar-06 — /EPR Retail News/ — RioCan Real Estate Investment Trust ("RioCan" or the "Trust") (TSX:REI.UN) today (March 1, 2017) announced the resignation of Cynthia Devine, Chief Financial Officer, to pursue other career opportunities. Ms. Devine has informed the Trust that she has accepted the position of Chief Financial Officer at Maple Leafs…
March 6, 20170Comments

Read more

Business Management Retail Retailer

RioCan Real Estate Investment Trust updates on current redevelopment and leasing activities at former Target Canada locations

TORONTO, ONTARIO, 2017-Jan-25 — /EPR Retail News/ — RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) is pleased to provide an update on current redevelopment and leasing activities at the properties once leased to Target Canada Co. ("Target"). Since Target's departure in 2015, RioCan's leasing team has been diligently working to drive revenue, and in many cases…
January 25, 20170Comments

Read more

Business Management Retail Retailer

Allied and RioCan announce Indigo as new tenant at King Portland Centre achieving 75% total leased area at the new office component

TORONTO, ONTARIO, 2017-Jan-18 — /EPR Retail News/ — Allied Properties REIT (TSX:AP.UN) and RioCan REIT (TSX:REI.UN) today (Jan. 17, 2017) announced an important lease transaction in connection with the development of King Portland Centre in Toronto. Indigo Books & Music Inc. has signed a commitment to lease approximately 78,810 square feet of GLA in the…
January 18, 20170Comments

Read more

Business Financial Management Retail Retailer

RioCan to release its 4Q and Year_end 2016 financial results on Thursday, February 16, 2017

TORONTO, ONTARIO, 2017-Jan-07 — /EPR Retail News/ — RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today (01/05/2017) announced that it is scheduled to release its financial results for the three months and year-ended December 31, 2016 prior to the market open on Thursday, February 16, 2017. Interested parties are invited to participate in a conference call…
January 6, 20170Comments

Read more

Business Management Retail Retailer

RioCan and Boardwalk joint venture to develop a mixed use tower at RioCan’s Brentwood Village Shopping Centre in Calgary, AB

RioCan Real Estate Investment Trust (TSX:REI.UN, “RioCan”) and; Boardwalk Real Estate Investment Trust (TSX:BEI.UN, “Boardwalk”) Toronto, Ontario and Calgary, Alberta, 2016-Nov-11 — /EPR Retail News/ — RioCan and Boardwalk are pleased to announce the formation of a joint venture to develop a mixed use tower on a discrete portion at RioCan’s Brentwood Village Shopping…
November 11, 20160Comments

Read more

Financial Management Philanthropy Retail Retailer

RioCan Real Estate Investment Trust donates to support immediate needs of the Fort McMurray community

TORONTO, ONTARIO, 2016-May-13 — /EPR Retail News/ — RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) has committed $25,000 to theCanadian Red Cross to support the immediate needs of the Fort McMurray community. "As a proud member of the community, our hearts go out to all those affected," said Edward Sonshine, Chief Executive Officer of RioCan. "RioCan…
May 13, 20160Comments

Read more

Copyright © 2024 by EPR Retail News. All rights reserved.
EPR Retail News