TORONTO, Nov. 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 November. The distribution will be payable on December 6, 2019 to unitholders of record as at November 29, 2019.
RioCan is one of Canada’s largest real estate investment trusts, with a total enterprise value of approximately $14.9 billion as at September 30, 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. As at September 30, 2019, our portfolio is comprised of 225 properties with an aggregate net leasable area of approximately 39.3 million square feet including residential rental and 14 development properties as at September 30, 2019 (at RioCan's Interest). To learn more about us, please visit www.riocan.com.
For more information contact
VP Marketing & Communications, RioCan REIT
416 646 8138
Source: RioCan Real Estate Investment Trust