REI-UN.TO - RioCan Real Estate Investment Trust

Toronto - Toronto Delayed Price. Currency in CAD
27.78
+0.10 (+0.36%)
At close: 3:59PM EST
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Previous Close27.68
Open27.65
Bid27.76 x 0
Ask27.77 x 0
Day's Range27.60 - 27.84
52 Week Range23.37 - 27.84
Volume692,633
Avg. Volume593,603
Market Cap8.825B
Beta (3Y Monthly)0.54
PE Ratio (TTM)10.96
EPS (TTM)2.54
Earnings DateN/A
Forward Dividend & Yield1.44 (5.28%)
Ex-Dividend Date2019-11-28
1y Target Est28.50
  • GlobeNewswire

    RioCan Real Estate Investment Trust Announces Date of Fourth Quarter 2019 Earnings Release, Conference Call and Webcast

    TORONTO, Dec. 02, 2019 -- RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced that it is scheduled to release its financial results for the three months.

  • How Does RioCan Real Estate Investment Trust (TSE:REI.UN) Fare As A Dividend Stock?
    Simply Wall St.

    How Does RioCan Real Estate Investment Trust (TSE:REI.UN) Fare As A Dividend Stock?

    Could RioCan Real Estate Investment Trust (TSE:REI.UN) be an attractive dividend share to own for the long haul...

  • GlobeNewswire

    RioCan Real Estate Investment Trust Announces November 2019 Distribution

    TORONTO, Nov. 15, 2019 -- RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 12 cents per unit for the month of November. The.

  • Thomson Reuters StreetEvents

    Edited Transcript of REI.UN.TO earnings conference call or presentation 6-Nov-19 3:00pm GMT

    Q3 2019 RioCan Real Estate Investment Trust Earnings Call

  • GlobeNewswire

    RioCan Announces Third Quarter Results for 2019

    RioCan Real Estate Investment Trust (“RioCan" or the "Trust”) today announced its financial results for the three and nine months ended September 30, 2019 ("Third Quarter"). “In the Third Quarter, we continued to make great strides towards our long term strategic goals, both in terms of our major market strategy and residential strategy,” said Edward Sonshine, Chief Executive Officer of RioCan.

  • GlobeNewswire

    RioCan Announces Closing of $230 Million Public Equity Offering

    RioCan Real Estate Investment Trust ("RioCan") (REI-UN.TO) announced today that it has closed its previously announced offering of 8,935,500 trust units (the "Units") (inclusive of 1,165,500 Units issued pursuant to the exercise in full of the underwriters’ over-allotment option) at a price of $25.75 per Unit for gross proceeds of $230,089,125. The Units were qualified by RioCan’s prospectus supplement dated October 21, 2019 to its short form base shelf prospectus dated July 3, 2018 and were underwritten by a syndicate of underwriters co-led by TD Securities Inc., BMO Capital Markets, CIBC Capital Markets and RBC Capital Markets.

  • GlobeNewswire

    RioCan REIT Announces $200 Million Public Offering of Trust Units

    RioCan Real Estate Investment Trust ("RioCan") (REI-UN.TO) announced today that it has reached an agreement with a syndicate of underwriters co-led by TD Securities Inc., BMO Capital Markets, CIBC Capital Markets and RBC Capital Markets to issue to the public, subject to regulatory approval, on a bought deal basis, 7,770,000 trust units (the "Units") at a price of $25.75 per Unit for gross proceeds of $200,077,500 (the "Offering"). RioCan has granted the underwriting syndicate an over-allotment option to purchase up to an additional 1,165,500 Units on the same terms and conditions, exercisable in whole or in part at any time up to 30 days following the closing of the Offering, which if exercised in full, would increase the aggregate gross proceeds from the Offering to approximately $230,089,125.

  • GlobeNewswire

    RioCan Real Estate Investment Trust Announces October 2019 Distribution

    TORONTO, Oct. 15, 2019 -- RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 12 cents per unit for the month of October. The.

  • GlobeNewswire

    RioCan Real Estate Investment Trust Announces Renewal of Normal Course Issuer Bid

    RioCan Real Estate Investment Trust (“RioCan”) (REI-UN.TO) today announced that the Toronto Stock Exchange has approved its notice of intention to make a normal course issuer bid for a portion of its trust units (“Units”) as appropriate opportunities arise from time to time. RioCan's normal course issuer bid will be made in accordance with the requirements of the Toronto Stock Exchange. Pursuant to the notice, RioCan is authorized to acquire up to a maximum of 30,724,496 of its Units, or approximately 10% of the public float of 307,244,969 as of October 8, 2019 over the next 12 months.

  • GlobeNewswire

    RioCan Announces the Acquisition of a 50% Interest in an Urban Mixed-Use Asset in Toronto

    RioCan Real Estate Investment Trust (“RioCan”) (REI-UN.TO) is pleased to announce the acquisition of a 50% co-ownership interest in 2323 Yonge Street for $27.1 million in the block immediately north of the Yonge Eglinton intersection in Toronto, Ontario. The property is co-owned through a 50/50 joint venture with Streamliner Properties Inc. (“Streamliner”) a specialized real estate investment and development firm.

  • GlobeNewswire

    RioCan expands existing partnerships to drive mixed-use development in Ottawa and the Greater Toronto Area (GTA)

    RioCan Real Estate Investment Trust (“RioCan”, TSX:REI.UN) is pleased to announce additional transactions with existing partners, Killam Apartment Real Estate Investment Trust (“Killam”, TSX:KMP.UN) and Boardwalk Real Estate Investment Trust (“Boardwalk”, TSX:BEI.UN). Killam has entered into a firm agreement to purchase a 50% interest in a discrete portion of RioCan’s Elmvale Acres Shopping Centre (“Elmvale Acres”) in Ottawa, Ontario and Boardwalk has purchased a 50% interest in a discrete portion of Sandalwood Square in Mississauga, Ontario, both for the purpose of joining in the development of mixed-use projects on the properties.

  • GlobeNewswire

    RioCan acquires remaining 50% interest in ePlace™, mixed-use development in midtown Toronto

    RioCan Real Estate Investment Trust (“RioCan”, TSX:REI.UN) is pleased to announce that it has acquired the remaining 50% interest of the residential rental component, eCentralTM,  the remaining 50% interest in the retail component and 70 commercial parking stalls of the ePlace mixed-use development at the northeast corner of Yonge Street and Eglinton Avenue in Toronto, Ontario.  The total purchase price of $114.1 million is determined based on cost plus $10.0 million for eCentral, and a 7.0% capitalization rate on the stabilized Net Operating Income (NOI) for the retail component. The development yield for the commercial and retail components is estimated at 5.3% and the total value creation is estimated at approximately $120.0 million including gains from the condominium component of the project.

  • GlobeNewswire

    RioCan Real Estate Investment Trust Announces September 2019 Distribution

    TORONTO, Sept. 13, 2019 -- RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 12 cents per unit for the month of September. The.

  • GlobeNewswire

    RioCan Real Estate Investment Trust Announces Date of Third Quarter 2019 Earnings Release, Conference Call and Webcast

    TORONTO, Sept. 10, 2019 -- RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced that it is scheduled to release its financial results for the three and.

  • GlobeNewswire

    RioCan Announces Closing of Acquisition of KingSett Capital’s 50% Interest in Yonge Sheppard Centre

    RioCan Real Estate Investment Trust (“RioCan”, TSX:REI.UN) announced today that it has completed the acquisition of KingSett Capital’s Canadian Real Estate Income Fund (“KingSett”) non-managing, 50% co-ownership interest in Yonge Sheppard Centre (the “Centre”) for $357.6 million, based on KingSett’s share of costs as of August 30, 2019, net of certain working capital adjustments. As part of the transaction, KingSett took a material equity position in RioCan through an investment of $100.0 million in RioCan units with a one-year lock-up agreement commencing August 30, 2019. This transaction brings RioCan’s ownership of the nearly one million square foot, urban mixed-use property at the intersection of Yonge Street and Sheppard Avenue in Toronto, Ontario to 100%.  The fully revitalized property serves as the hub of this important and rapidly growing Toronto neighbourhood.  With direct access to intersecting subway lines and with 401,000 square feet of office, 299,000 square feet of retail, and 258,000 square feet of residential rental space, Yonge Sheppard Centre is an example of RioCan’s growing portfolio of dynamic mixed-use urban assets, which includes Yonge Eglinton Centre, King Portland Centre and The Well, all in Toronto, ON.

  • GlobeNewswire

    RioCan Real Estate Investment Trust Announces August 2019 Distribution

    TORONTO, Aug. 15, 2019 -- RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 12 cents per unit for the month of August. The.

  • GlobeNewswire

    RioCan REIT Announces Completion of $500 Million Offering of Series AB Senior Unsecured Debentures

    RioCan Real Estate Investment Trust (“RioCan”) announced today that it has closed its previously announced offering, on a private placement basis in certain provinces of Canada, of $500 million principal amount of Series AB senior unsecured debentures (the “Debentures”). The Debentures were offered on an agency basis by a syndicate of agents co-led by TD Securities, RBC Capital Markets, BMO Capital Markets and CIBC Capital Markets.

  • Thomson Reuters StreetEvents

    Edited Transcript of REI.UN.TO earnings conference call or presentation 2-Aug-19 2:00pm GMT

    Q2 2019 RioCan Real Estate Investment Trust Earnings Call

  • GlobeNewswire

    RioCan REIT Announces $500 Million Offering of Series AB Senior Unsecured Debentures

    RioCan Real Estate Investment Trust (“RioCan”) (REI-UN.TO) announced today that it has agreed to issue $500 million principal amount of Series AB senior unsecured debentures (the “Debentures”). The Debentures are being offered on an agency basis by a syndicate of agents co-led by TD Securities, RBC Capital Markets, BMO Capital Markets and CIBC Capital Markets.  The Debentures will be sold at par, carry a coupon rate of 2.576% per annum and mature on February 12, 2025.

  • GlobeNewswire

    RioCan Announces Second Quarter Results for 2019

    RioCan Real Estate Investment Trust (“RioCan" or the "Trust”) today announced its financial results for the three and six months ended June 30, 2019 ("Second Quarter"). “RioCan continued to deliver strong unitholder value in the second quarter of 2019 as a result of the successful execution of our major market strategy. The quality of our income has never been higher with 87.8% of our revenue derived from Canada’s major markets and almost three quarters of our rental revenue generated from necessity-based and service-oriented tenants,” said Edward Sonshine, Chief Executive Officer of RioCan.

  • Do These 3 Checks Before Buying RioCan Real Estate Investment Trust (TSE:REI.UN) For Its Upcoming Dividend
    Simply Wall St.

    Do These 3 Checks Before Buying RioCan Real Estate Investment Trust (TSE:REI.UN) For Its Upcoming Dividend

    It looks like RioCan Real Estate Investment Trust (TSE:REI.UN) is about to go ex-dividend in the next 4 days...

  • If You Had Bought RioCan Real Estate Investment Trust (TSE:REI.UN) Stock Three Years Ago, You'd Be Sitting On A 11% Loss, Today
    Simply Wall St.

    If You Had Bought RioCan Real Estate Investment Trust (TSE:REI.UN) Stock Three Years Ago, You'd Be Sitting On A 11% Loss, Today

    As an investor its worth striving to ensure your overall portfolio beats the market average. But if you try your hand...

  • GlobeNewswire

    RioCan Real Estate Investment Trust Announces July 2019 Distribution

    TORONTO, July 15, 2019 -- RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 12 cents per unit for the month of July. The.

  • Should RioCan Real Estate Investment Trust (TSE:REI.UN) Be Part Of Your Income Portfolio?
    Simply Wall St.

    Should RioCan Real Estate Investment Trust (TSE:REI.UN) Be Part Of Your Income Portfolio?

    Today we'll take a closer look at RioCan Real Estate Investment Trust (TSE:REI.UN) from a dividend investor's...

  • GlobeNewswire

    RioCan Real Estate Investment Trust Announces June 2019 Distribution

    TORONTO, June 14, 2019 -- RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 12 cents per unit for the month of June. The.