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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 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

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