TORONTO, Feb. 14, 2020 (GLOBE NEWSWIRE) -- RioCan Real Estate Investment Trust (“RioCan”) (REI-UN.TO) today announced a distribution of 12 cents per unit for the month of February. The distribution will be payable on March 6, 2020 to unitholders of record as at February 28, 2020.
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 (at RioCan's Interest). To learn more about us, please visit www.riocan.com.
Vice President, Investor Relations, RioCan REIT