RioCan Real Estate Investment Trust Announces January 2008 Distribution

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Tue Jan 15, 2008 12:17pm EST 

  TORONTO, ONTARIO, Jan 15 (MARKET WIRE) -- 
 RioCan Real Estate Investment Trust ("RioCan") (TSX: REI.UN) today
announced a distribution of 11.25 cents per unit for the month of
January. The distribution will be payable on February 7, 2008 to
unitholders of record as at January 31, 2008. 

    About RioCan

    RioCan is Canada's largest real estate investment trust with a total
market capitalization of approximately $7.2 billion. It owns and manages
Canada's largest portfolio of shopping centres with ownership interests
in a portfolio of 212 retail properties, including 11 under development,
containing an aggregate of over 53.5 million square feet. For further
information, please refer to RioCan's website at www.riocan.com.

Contacts:
RioCan Real Estate Investment Trust
Edward Sonshine, Q.C.
President & CEO
(416) 866-3018
Website: www.riocan.com

Copyright 2008, Market Wire, All rights reserved.

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