The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Marketwire

RioCan Real Estate Investment Trust Announces Distribution for Preferred Units, Series A and Series C

Friday, March 16, 2012

RioCan Real Estate Investment Trust Announces Distribution for Preferred Units, Series A and Series C09:00 EDT Friday, March 16, 2012TORONTO, ONTARIO--(Marketwire - March 16, 2012) - RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.PR.A)(TSX:REI.PR.C) today announced the following distributions for RioCan's outstanding preferred trust units:$0.328125 per preferred unit, Series A (the "Series A Units") for the quarter ending March 31, 2012. The distribution will be payable on March 30, 2012 to unitholders of the Series A Units of record as at March 30, 2012.$0.29375 per preferred unit, Series C (the "Series C Units") for the quarter ending March 31, 2012. The distribution will be payable on March 30, 2012 to unitholders of the Series C Units 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) 642-3554www.riocan.com