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 […]

RioCan REIT enters into agreement with Sears Canada for its locations at RioCan Oakville Place, Ontario and Garden City Shopping Centre in Manitoba

TORONTO, 2017-Oct-06 — /EPR Retail News/ — RioCan Real Estate Investment Trust(“RioCan”) (TSX:REI.UN) is pleased to announce that it has entered into agreements with Sears Canada Inc. (“Sears”), which received court approval on October 4, 2017. Sears is currently subject to restructuring proceedings under the Companies’ Creditors Arrangement Act (“CCAA”). RioCan and its co-owner Hudson Bay Company (“HBC”) have secured a surrender […]

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 […]

RioCan REIT successfully completes issuance of $250 million principal amount of Series X senior unsecured debentures

TORONTO, ONTARIO, 2016-Aug-27 — /EPR Retail News/ — RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) announced today (Aug. 26, 2016) that it has successfully completed its issuance of $250 million principal amount of Series X senior unsecured debentures (the “Debentures”). The agency syndicate was co-led by RBC Capital Markets, TD Securities and BMO Capital Markets. The […]