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RioCan Real Estate Investment Trust (REI_u.TO)

REI_u.TO on Toronto Stock Exchange

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4:00pm EDT
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$-0.11 (-0.47%)
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$23.16
Open
$23.13
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$23.21
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$22.97
Volume
529,519
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$26.49
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Latest Key Developments (Source: Significant Developments)

Riocan Real Estate Investment Trust Q4 FFO Per Share C$0.44
Tuesday, 13 Feb 2018 09:14pm EST 

Feb 13 (Reuters) - Riocan Real Estate Investment Trust ::ANNOUNCES FINANCIAL RESULTS FOR 2017 WITH 5.4% GROWTH IN OPERATING INCOME AND 2.1% SAME PROPERTY NOI GROWTH.Q4 FFO PER SHARE C$0.44.SAME PROPERTY NOI INCREASED BY 2.9%, OR $4.9 MILLION IN Q4 AS COMPARED TO THE SAME QUARTER IN 2016.  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

Allied and RioCan to acquire Diamond Corp.'s interest in commercial component of the well
Thursday, 5 Oct 2017 08:50am EDT 

Oct 5 (Reuters) - Allied Properties Real Estate Investment Trust :Allied and RioCan to acquire Diamond Corp.'s interest in commercial component of the well.Allied Properties Real Estate Investment Trust - deal for ‍up to $42 million​.Allied Properties Real Estate Investment Trust - ‍RioCan will own an undivided 50% interest in commercial component​.  Full Article

RioCan REIT secures surrender agreement with Sears for Riocan Oakville location
Thursday, 5 Oct 2017 07:59am EDT 

Oct 5 (Reuters) - Riocan Real Estate Investment Trust :RioCan REIT announces agreements with Sears Canada at Riocan Oakville place and Garden City shopping centre.RioCan - co, Hudson Bay Company secured surrender agreement with Sears for its location at Riocan Oakville place, in Oakville, Ontario for fee of $4 million​.RioCan - ‍at Garden City shopping centre, co, Bayfield Realty advisors entered agreement to buy freehold interest in Sears location for price of $8 million​.  Full Article

RioCan REIT plans to sell about 100 properties located primarily across Canada over next two to three years
Monday, 2 Oct 2017 07:00am EDT 

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.​.  Full Article

RIOCAN REIT PROVIDES UPDATE ON PROJECT EPLACE
Thursday, 7 Sep 2017 03:11pm EDT 

Sept 7 (Reuters) - Riocan Real Estate Investment Trust :RIOCAN REIT PROVIDES UPDATE ON EPLACE, ITS LANDMARK MIXED-USE TRANSIT ORIENTED DEVELOPMENT IN MIDTOWN TORONTO.‍EPLACE PROJECT IS ON TRACK TO BE SUBSTANTIALLY COMPLETED IN LATE 2018 OR EARLY 2019​.‍ON COMPLETION, RIOCAN WILL PURCHASE REMAINING 50% INTEREST IN RENTAL RESIDENTIAL TOWER​.‍TOTAL PURCHASE PRICE FOR REMAINING 50% INTEREST IN RENTAL TOWER​ IS EXPECTED TO BE IN RANGE OF $95 TO $105 MILLION.  Full Article

BRIEF-Riocan Real Estate Investment Trust Q4 FFO Per Share C$0.44

* ANNOUNCES FINANCIAL RESULTS FOR 2017 WITH 5.4% GROWTH IN OPERATING INCOME AND 2.1% SAME PROPERTY NOI GROWTH