RioCan Real Estate Investment Trust

RioCan Real Estate Investment Trust

October 15, 2010 09:39 ET

RioCan Real Estate Investment Trust Announces October 2010 Distribution

TORONTO, ONTARIO--(Marketwire - Oct. 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 October. The distribution will be payable on November 5, 2010 to unitholders of record as at October 29, 2010.

About RioCan

RioCan is Canada's largest real estate investment trust with a total capitalization of approximately $10.0 billion as at September 30, 2010. It owns and manages Canada's largest portfolio of shopping centres with ownership interests in a portfolio of 280 retail properties, including 11 under development, containing an aggregate of over 60 million square feet. RioCan owns an 80% interest in 19 grocery anchored shopping centres in the United States through various joint venture arrangements. In addition, RioCan owns a 14% 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

Contact Information

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