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 (“FFO”) in […]

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 […]

RioCan Real Estate Investment Trust to release its 2Q financial results on Thursday, August 3, 2017

TORONTO, ONTARIO, 2017-Jun-28 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today (June 27, 2017) announced that it is scheduled to release its financial results for the three and six months ended June 30, 2017 after the close of market on Thursday, August 3, 2017. Interested parties are invited to participate […]

RioCan Real Estate Investment Trust commences development at Windfields Farm in Oshawa, Ontario

TORONTO, ONTARIO, 2017-May-29 — /EPR Retail News/ — 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 […]

RioCan Real Estate Investment Trust declares 11.75 cents per unit for the month of May

TORONTO, ONTARIO, 2017-May-18 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today (May 15, 2017) announced a distribution of 11.75 cents per unit for the month of May. The distribution will be payable on June 7, 2017 to unitholders of record as at May 31, 2017. About RioCan RioCan is Canada’s […]

RioCan Real Estate Investment Trust To Redeem All Its Outstanding Cumulative Rate Reset Preferred Trust Units Series C

TORONTO, ONTARIO, 2017-May-08 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today ( May 3, 2017) announced that it will exercise its right to redeem all of its 5,980,000 outstanding Cumulative Rate Reset Preferred Trust Units, Series C (the “Series C Units”) on June 30, 2017 at the cash redemption price of […]

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 […]

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 […]

RioCan Real Estate Investment Trust announces distribution of 11.75 cents per unit for the month of February 2017

TORONTO, ONTARIO, 2017-Feb-16 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today (Feb. 15, 2017) announced a distribution of 11.75 cents per unit for the month of February. The distribution will be payable on March 7, 2017 to unitholders of record as at February 28, 2017. About RioCan RioCan is Canada’s largest […]

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 […]

RioCan Real Estate Investment Trust completes issuance of $300 million principal amount of Series Y senior unsecured debentures

TORONTO, ONTARIO, 2017-Jan-18 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) announced today (01/16/2017) that it has successfully completed its issuance of $300 million principal amount of Series Y senior unsecured debentures (the “Debentures”). The agency syndicate was co-led by RBC Capital Markets, TD Securities and BMO Capital Markets. The Debentures […]

RioCan Real Estate Investment Trust announces distribution of 11.75 cents per unit for January

TORONTO, ONTARIO, 2017-Jan-14 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today (Jan. 13, 2017) announced a distribution of 11.75 cents per unit for the month of January. The distribution will be payable on February 7, 2017 to unitholders of record as at January 31, 2017. About RioCan RioCan is Canada’s largest […]

RioCan Real Estate Investment Trust announced distribution of 11.75 cents per unit for October 2016

TORONTO, ONTARIO, 2016-Oct-18 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today (Oct. 14, 2016) announced a distribution of 11.75 cents per unit for the month of October. The distribution will be payable on November 7, 2016 to unit holders of record as at October 31, 2016. About RioCan RioCan is […]

RioCan Real Estate Investment Trust issues public offering of $250 million of Series X senior unsecured debentures

TORONTO, ONTARIO, 2016-Aug-25 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) announced today (08/23/2016) that it has reached an agreement to issue to the public $250 million principal amount of Series X senior unsecured debentures (the “Debentures”). The Debentures are being offered on a best efforts agency basis by a syndicate of […]

RioCan Real Estate Investment Trust announces distribution of 11.75 cents per unit for the month of August

TORONTO, ONTARIO, 2016-Aug-16 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today ( Aug. 15, 2016) announced a distribution of 11.75 cents per unit for the month of August. The distribution will be payable on September 8, 2016 to unit holders of record as at August 31, 2016. About RioCan RioCan is […]

RioCan Real Estate Investment Trust to acquire Canada Pension Plan Investment Board’s (“CPPIB”) interest in four properties

TORONTO, ONTARIO, 2016-Jul-23 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced that it has entered into a firm agreement with Canada Pension Plan Investment Board’s (“CPPIB”) to acquire their interest in four properties that are currently co-owned, which is anticipated to close before the end of July 2016. RioCan will […]

RioCan Real Estate Investment Trust: distribution of 11.75 cents per unit for the month of July, 2016

TORONTO, ONTARIO, 2016-Jul-17 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced a distribution of 11.75 cents per unit for the month of July. The distribution will be payable on August 8, 2016 to unit holders of record as at July 29, 2016. About RioCan RioCan is Canada’s largest real estate investment […]

RioCan Real Estate Investment Trust to release its financial results for the three and six months ended June 30, 2016 on Friday, July 29, 2016

TORONTO, ONTARIO, 2016-Jul-02 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced that it is scheduled to release its financial results for the three and six months ended June 30, 2016 prior to the market open on Friday, July 29, 2016. Interested parties are invited to participate in a conference call […]

RioCan Real Estate Investment Trust announces distribution for outstanding preferred trust units

TORONTO, ONTARIO, 2016-Jun-21 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.PR.C) today announced the following distribution for RioCan’s outstanding preferred trust units: $0.29375 per preferred unit, Series C (the “Series C Units”) for the quarter ending June 30, 2016. The distribution will be payable on June 30, 2016 to unit holders of […]

RioCan Real Estate Investment Trust announces distribution of 11.75 cents per unit for the month of June 2016

TORONTO, ONTARIO, 2016-Jun-21 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced a distribution of 11.75 cents per unit for the month of June. The distribution will be payable on July 8, 2016 to unit holders of record as at June 30, 2016. About RioCan RioCan is Canada’s largest real estate […]

RioCan Real Estate Investment Trust completed the sale of its U.S. portfolio of 49 retail properties for US$1.9 billion

TORONTO, ONTARIO, 2016-Jun-02 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today is pleased to announce that it has completed the sale of its U.S. portfolio of 49 retail properties located in the Northeastern U.S. and Texas at a total sale price of US$1.9 billion as previously announced on December 18, 2015. […]

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 Real Estate Investment Trust to release its financial results for the fourth Quarter and year-ended December 31, 2015 on February 18, 2016

TORONTO, ONTARIO, 2016-Jan-14 — /EPR Retail News/ — 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, 2015 prior to the market open on Thursday, February 18, 2016. Interested parties are invited to participate in a conference call with […]

Hudson’s Bay Company, RioCan Real Estate Investment Trust closed 2nd tranche of their joint venture focused on real estate growth opportunities in Canada

TORONTO & NEW YORK, 2015-11-26 — /EPR Retail News/ — Hudson’s Bay Company (“HBC”) (TSX:HBC) and RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) announced today that they have closed the second tranche of their joint venture (the “RioCan-HBC JV”) focused on real estate growth opportunities in Canada. The joint venture will enable HBC and RioCan to build […]

RioCan Real Estate Investment Trust, Target Corp reach settlement over the eighteen leases

TORONTO, ONTARIO, 2015-11-25 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) is pleased to announce that, on its behalf and on behalf of its co-owners, it has entered into a binding agreement (“Settlement Agreement”) with Target Corp., the US parent ofTarget Canada Co. (“Target Canada”), concluding terms of settlement relating to the eighteen […]

RioCan Real Estate Investment Trust to release its financial results for the three and nine months ended Sep 30, 2015 on Nov 3, 2015

TORONTO, ONTARIO, 2015-9-30 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced that it is scheduled to release its financial results for the three and nine months ended September 30, 2015 prior to the market open on Tuesday, November 3, 2015. Interested parties are invited to participate in a conference call with […]