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RioCan Real Estate Investment Trust (REI_u.TO)

REI_u.TO on Toronto Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Riocan Real Estate Investment Trust Appoints Jonathan Gitlin as President And COO
Monday, 25 Mar 2019 07:00am EDT 

March 25 (Reuters) - RioCan Real Estate Investment Trust ::RIOCAN REAL ESTATE INVESTMENT TRUST ANNOUNCES AGREEMENT OF EDWARD SONSHINE, O.ONT., Q.C. TO REMAIN AS CHIEF EXECUTIVE OFFICER UNTIL AT LEAST MARCH 31, 2021; JONATHAN GITLIN APPOINTED PRESIDENT AND CHIEF OPERATING OFFICER.RIOCAN REAL ESTATE INVESTMENT TRUST - UPON RETIREMENT, SONSHINE HAS AGREED TO BECOME NON-EXECUTIVE CHAIRMAN OF BOARD OF TRUST FOR TWO YEARS.  Full Article

RioCan Announces Fourth Quarter And Year End Results For 2018
Tuesday, 12 Feb 2019 07:02am EST 

Feb 12 (Reuters) - RioCan Real Estate Investment Trust ::RIOCAN ANNOUNCES FOURTH QUARTER AND YEAR END RESULTS FOR 2018.RIOCAN REAL ESTATE INVESTMENT TRUST QTRLY FFO PER UNIT $0.45.RIOCAN REAL ESTATE INVESTMENT TRUST - ACHIEVED STRONG SAME PROPERTY NOI GROWTH FOR ITS MAJOR MARKET PORTFOLIO - WITH 2.2% FOR Q4.  Full Article

RioCan Announces A New $350 Million Unsecured Bank Facility
Thursday, 7 Feb 2019 02:57pm EST 

Feb 7 (Reuters) - RioCan Real Estate Investment Trust ::RIOCAN ANNOUNCES A NEW $350 MILLION UNSECURED BANK FACILITY AND EXTENSION OF AN EXISTING UNSECURED BANK FACILITY.CLOSED ON A $350 MILLION, FIVE-YEAR NON-REVOLVING UNSECURED CREDIT FACILITY WITH A MATURITY DATE OF FEBRUARY 7, 2024.CREDIT FACILITY BEARS AN ANNUAL FIXED INTEREST RATE OF 3.339%.EXTENDED MATURITY DATE OF ITS $150 MILLION NON-REVOLVING UNSECURED CREDIT FACILITY FROM DECEMBER 27, 2019 TO JUNE 27, 2024.  Full Article

Riocan Real Estate Investment Trust Announces Renewal Of Normal Course Issuer Bid
Tuesday, 16 Oct 2018 07:30am EDT 

Oct 16 (Reuters) - RioCan Real Estate Investment Trust ::RIOCAN REAL ESTATE INVESTMENT TRUST ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID.RIOCAN REAL ESTATE INVESTMENT TRUST - AUTHORIZED TO ACQUIRE UP TO A MAXIMUM OF 30.6 MILLION OF ITS UNITS FOR CANCELLATION OVER NEXT 12 MONTHS.RIOCAN REAL ESTATE INVESTMENT TRUST - RIOCAN MAY BEGIN TO PURCHASE UNITS ON OR ABOUT OCTOBER 22, 2018 AND BID WILL TERMINATE ON OCTOBER 19, 2019.  Full Article

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