RioCan Real Estate Investment Trust
TSX : REI.UN

RioCan Real Estate Investment Trust

March 15, 2010 09:58 ET

RioCan Real Estate Investment Trust Announces March 2010 Distribution

TORONTO, ONTARIO--(Marketwire - March 15, 2010) - RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today announced a distribution of 11.5 cents per unit for the month of March. The distribution will be payable on April 8, 2010 to unitholders of record as at March 31, 2010.

About RioCan

RioCan is Canada's largest real estate investment trust with a total capitalization of approximately $8.5 billion as at December 31, 2009. It owns and manages Canada's largest portfolio of shopping centres with ownership interests in a portfolio of 258 retail properties, including 12 under development, containing an aggregate of over 60 million square feet. RioCan has also agreed to acquire an 80% interest in seven grocery anchored shopping centres in the United States and owns a 15% equity interest in Cedar Shopping Centers, Inc., a real estate investment trust focused on supermarket-anchored shopping centres and drug store-anchored convenience centres located predominantly in the Northeastern United States. For further information, please refer to RioCan's website at www.riocan.com.

Contact Information

  • RioCan Real Estate Investment Trust
    Rags Davloor
    Senior Vice President & CFO
    (416) 642-3554