TORONTO, May 15, 2019 (GLOBE NEWSWIRE) -- RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 12 cents per unit for the month of May. The distribution will be payable on June 7, 2019 to unitholders of record as at May 31, 2019.
RioCan is one of Canada’s largest real estate investment trusts with a total enterprise value of approximately $14.1 billion at March 31, 2019. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. Our portfolio is comprised of 230 properties, including 14 development properties, with an aggregate net leasable area of approximately 38.3 million square feet including residential rental properties. To learn more about how we deliver real vision on solid ground, visit www.riocan.com.
For more information contact
VP Marketing & Communications, RioCan REIT
416 646 8138
Source: RioCan Real Estate Investment Trust