Edition:
United States

RioCan Real Estate Investment Trust (REI_u.TO)

REI_u.TO on Toronto Stock Exchange

24.64CAD
11:44am EDT
Change (% chg)

$-0.01 (-0.04%)
Prev Close
$24.65
Open
$24.57
Day's High
$24.77
Day's Low
$24.52
Volume
134,622
Avg. Vol
730,213
52-wk High
$25.75
52-wk Low
$22.97

Latest Key Developments (Source: Significant Developments)

RioCan Real Estate Investment Trust Announces Q1 FFO Per Share C$0.46
Wednesday, 9 May 2018 07:00am EDT 

May 9 (Reuters) - RioCan Real Estate Investment Trust ::ANNOUNCES FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2018 WITH 6.1% GROWTH IN FUNDS FROM OPERATIONS PER UNIT AND 2.6% SAME PROPERTY NOI GROWTH.Q1 FFO PER SHARE C$0.46.QTRLY IN-PLACE OCCUPANCY INCREASED BY 10 BASIS POINTS TO 95.7% WHEN COMPARED TO DEC 31, 2017.QTRLY COMMITTED OCCUPANCY FOR RETAIL INCREASED BY 10 BASIS POINTS FROM THE PREVIOUS QUARTER TO 96.7%.QTRLY REVENUE $290.1 MILLION VERSUS $289.7 MILLION.ALL FIGURES ARE EXPRESSED IN CANADIAN DOLLARS.Q1 FFO PER SHARE VIEW C$0.45 -- THOMSON REUTERS I/B/E/S.  Full Article

Riocan Real Estate Investment Trust Expands Relationship With Woodbourne At Its Dupont Avenue Mixed-Use Development
Monday, 18 Dec 2017 08:00am EST 

Dec 18 (Reuters) - Riocan Real Estate Investment Trust ::RIOCAN REAL ESTATE INVESTMENT TRUST EXPANDS ITS RELATIONSHIP WITH WOODBOURNE AT ITS DUPONT AVENUE MIXED-USE DEVELOPMENT.RIOCAN REAL ESTATE INVESTMENT TRUST - SOLD 50% INTEREST IN ITS 740 DUPONT AVENUE MIXED-USE DEVELOPMENT PROJECT IN TORONTO FOR $8.8 MILLION.  Full Article

CT REIT Announces Agreement To Acquire Seven Properties From Riocan Reit
Tuesday, 28 Nov 2017 07:00am EST 

Nov 28 (Reuters) - CT Real Estate Investment Trust ::CT REIT ANNOUNCES AGREEMENT TO ACQUIRE SEVEN PROPERTIES FROM RIOCAN REIT.CT REAL ESTATE INVESTMENT TRUST - ‍TO BUY 7 PROPERTIES FROM RIOCAN REAL ESTATE INVESTMENT TRUST AT TOTAL INVESTMENT OF $200 MILLION, BEFORE DEAL COSTS​.CT REAL ESTATE INVESTMENT TRUST- ‍WILL BE FUNDING INVESTMENTS THROUGH CREDIT FACILITIES​.  Full Article

RioCan Real Estate Investment Trust Q3 FFO per share C$0.46
Friday, 3 Nov 2017 07:00am EDT 

Nov 3 (Reuters) - Riocan Real Estate Investment Trust :Riocan Real Estate Investment Trust announces financial results for the third quarter 2017 with 4.1 pct growth in operating income and 2.4 pct same property noi growth.Q3 FFO per share C$0.46.RioCan Real Estate Investment Trust - ‍same property noi grew by 2.4 pct, or $4.0 million in Q3 as compared to same quarter in 2016​.RioCan real estate investment trust- ‍revenue increased 1.6 pct for Q3 to $287 million​.  Full Article

Riocan-HBC JV to explore possible sale of Vancouver property
Monday, 30 Oct 2017 03:16pm EDT 

Oct 30 (Reuters) - Riocan-HBC JV::Riocan-HBC joint venture to explore possible sale of vancouver property.Says has engaged CBRE and Brookfield Financial Real Estate Group to explore a possible sale of its Vancouver property.Says expects to close on $200 million mortgage on Vancouver property, proceeds of loan to be distributed on a pro-rata basis to JV partners ​.  Full Article

RioCan Real Estate Investment Trust announces normal course issuer bid
Tuesday, 10 Oct 2017 05:00pm EDT 

Oct 10 (Reuters) - RioCan Real Estate Investment Trust :RioCan Real Estate Investment Trust announces normal course issuer bid.RioCan Real Estate Investment Trust - RioCan is authorized to acquire up to a maximum of 32.5 million of its units for cancellation over next 12 months​.RioCan Real Estate Investment Trust - ‍RioCan intends to fund purchases out of its available cash and undrawn credit facilities​.RioCan Real Estate Investment Trust - ‍RioCan may begin to purchase units on or about October 20, 2017 and bid will terminate on October 19, 2018​.  Full Article

Riocan REIT Q2 FFO per unit $0.41
Friday, 29 Jul 2016 07:30am EDT 

Riocan Real Estate Investment Trust : Riocan Real Estate Investment Trust announces financial results and 8.1 percent growth in continuing operating funds from operations for the second quarter of 2016 . Riocan Real Estate Investment Trust says Canadian same store NOI increased 0.8 percent, or $1.1 million in Q2 compared to same period in 2015 . Riocan Real Estate Investment Trust says qtrly operating FFO was $0.42 per unit . Riocan Real Estate Investment Trust qtrly FFO per unit $0.41 . Q2 FFO per share view C$0.44 -- Thomson Reuters I/B/E/S .All figures in C$.  Full Article

Riocan,allied,Diamondcorp to sell residential component of well to Tridel and Woodbourne
Tuesday, 26 Jul 2016 07:00am EDT 

Allied Properties Real Estate Investment Trust : Riocan, allied and Diamondcorp to sell residential component of well to Tridel and Woodbourne .Allied Properties says deal for $180 million.  Full Article

BRIEF-RioCan Real Estate Investment Trust Announces Q1 FFO Per Share C$0.46

* ANNOUNCES FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2018 WITH 6.1% GROWTH IN FUNDS FROM OPERATIONS PER UNIT AND 2.6% SAME PROPERTY NOI GROWTH