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BRIEF-RioCan REIT plans to sell about 100 properties located primarily across Canada over next two to three years
October 2, 2017 / 11:38 AM / 2 months ago

BRIEF-RioCan REIT plans to sell about 100 properties located primarily across Canada over next two to three years

Oct 2 (Reuters) - RioCan Real Estate Investment Trust

* RioCan REIT - plans to sell approximately 100 properties located primarily in secondary markets across Canada over next two to three years

* RioCan Real Estate Investment Trust - sale expected to generate total net proceeds of approximately $1.5 billion

* RioCan Real Estate Investment Trust says suspends distribution reinvestment plan effective November 1, 2017

* RioCan Real Estate Investment Trust - proceeds of sale to be used to repurchase units under normal course issuer bid and fund its development program​ Source text for Eikon: Further company coverage:

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