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Press release from Marketwire

RioCan Real Estate Investment Trust Announces March 2012 Distribution

Thursday, March 15, 2012

RioCan Real Estate Investment Trust Announces March 2012 Distribution09:06 EDT Thursday, March 15, 2012TORONTO, ONTARIO--(Marketwire - March 15, 2012) - RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today announced a distribution of 11.5 cents per unit for the month of March. The distribution will be payable on April 9, 2012 to unitholders of record as at March 30, 2012.About RioCanRioCan is Canada's largest real estate investment trust with a total capitalization of approximately $12.5 billion as at December 31, 2011. It owns and manages Canada's largest portfolio of shopping centres with ownership interests in a portfolio of 331 retail properties containing an aggregate of 79 million square feet, including 45 grocery anchored and new format retail centres containing 12 million square feet in the United States through various joint venture arrangements. RioCan's portfolio also includes 10 properties under development in Canada. For further information, please refer to RioCan's website at www.riocan.com.FOR FURTHER INFORMATION PLEASE CONTACT: Rags DavloorRioCan Real Estate Investment TrustExecutive Vice President & CFO(416) 642-3554