RioCan Real Estate Investment Trust Announces December 2014 Distribution


TORONTO, ONTARIO--(Marketwired - Dec. 15, 2014) - RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today announced a distribution of 11.75 cents per unit for the month of December. The distribution will be payable on January 8, 2015 to unitholders of record as at December 31, 2014.

About RioCan

RioCan is Canada's largest real estate investment trust with a total capitalization of approximately $14.7 billion as at September 30, 2014. It owns and manages Canada's largest portfolio of shopping centres with ownership interests in a portfolio of 340 retail properties containing more than 80 million square feet, including 48 grocery anchored and new format retail centres containing 13 million square feet in the United States as at September 30, 2014. RioCan's portfolio also includes 15 properties under development in Canada. For further information, please refer to RioCan's website at www.riocan.com.

Contact Information:

RioCan Real Estate Investment Trust
Rags Davloor
President, Chief Operating Officer and
Interim Chief Financial Officer & Corporate Secretary
(416) 642-3554
www.riocan.com