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report on business
Discount retailers, grocers driving occupancy rates up, RioCan CEO says
RioCan Real Estate Investment Trust is looking at “strategic alternatives” for its U.S. operations, which is often code for considering selling a business. Kristina Partsinevelos reports.
report on business
RioCan posts second-quarter net income of $78.5-million
RioCan Real Estate Investment Trust is looking at “strategic alternatives” for its U.S. operations, which is often code for considering selling a business. Kristina Partsinevelos reports.
report on business
Five things to watch for in the Canadian business world in the coming week
People shop for produce at the Granville Island Market in Vancouver, on Wednesday, July 20, 2022. As the cost of living rises at the fastest pace in decades, Canadians struggling to put food on the table are turning to community organizations for help. THE CANADIAN PRESS/Darryl Dyck
report on business
RioCan REIT sees demand for retail space soar as it reports first-quarter profit
RioCan Real Estate Investment Trust is looking at “strategic alternatives” for its U.S. operations, which is often code for considering selling a business. Kristina Partsinevelos reports.
report on business
RioCan REIT’s net income hit $137.6-million in third quarter as businesses reopened following lockdowns
RioCan signage is shown at a strip mall in Mississauga, Ont., Saturday, Oct.24, 2020. THE CANADIAN PRESS/Richard Buchan
property report
Shopping-centre redesign: Should we even call it a mall any more?
BDP Quadrangle
property report
Commercial real estate developers grapple to adapt climate-change measures
Lightning strikes the CN Tower Sunday August 9, 2009. THE CANADIAN PRESS/ Jim Bradford
property report
Drive-throughs an adjustment not a stampede, says developer
A Tim Hortons employee hands out coffee from a drive-through window to a customer in Mississauga, Ont., on Tuesday, March 17, 2020. THE CANADIAN PRESS/Nathan Denette
report on business
RioCan REIT reports $145.3-million net income in second quarter as tenants reopen after lockdowns
RioCan signage is shown at a strip mall in Mississauga, Ont., Saturday, Oct.24., 2020. THE CANADIAN PRESS/Richard Buchan
inside the market
With limitations of remote work becoming more evident, REITs will be among biggest beneficiaries
Office and condo towers in downtown Montreal, Quebec, April 8, 2021. (Christinne Muschi /The Globe and Mail)
report on business
RioCan profit rises to $107-million despite COVID-19 lockdowns
The Yonge Eglinton Centre in Toronto, owned and managed by Riocan, has a number of retail tenants that have been closed during the COVID-19 pandemic. April 22, 2020 (Melissa Tait / The Globe and Mail)
report on business
RioCan’s new CEO is betting on a big-city comeback
Jonathan Gitlin ,the incoming President and CEO of RioCan (as of APRIL, 1, 2021), is photographed at The Well, a development project at Spadina Ave. And Front St. West, on Mar 29 2021. Fred Lum/The Globe and Mail
report on business
COVID-19 retail restrictions cut RioCan’s fourth-quarter net income by 56 per cent
Signage leading to the leasing centre of the eCentral building in midtown Toronto, is photographed on Thursday, September 24, 2020. The building, owned by RioCan REIT, that is offering one month of free rent for select units. Tijana Martin/ The Globe and Mail
inside the market
Canada’s retail REITs under pressure to slash monthly payouts as COVID-19 cases spike
RioCan signage is shown at a strip mall in Mississauga, Ont., Saturday, Oct. 24, 2020. RioCan is one of Canada's largest real estate investment trusts. RioCan Real Estate Investment Trust says it is cutting its payouts to unitholders by a third as the COVID-19 pandemic creates an uncertain future for shopping centres. THE CANADIAN PRESS/Richard Buchan
report on business
Developers bet on market rebound with massive Toronto complex
Pedestrians cross the intersection along Yonge Street and Eglinton Ave, in Toronto on Monday, December 21, 2020. Tijana Martin/ The Globe and Mail
inside the market
‘We were quite surprised’: Investors punish RioCan units after REIT slashes monthly payout
RioCan signage is shown at a strip mall in Mississauga, Ont., Saturday, Oct. 24, 2020. RioCan is one of Canada's largest real estate investment trusts. RioCan Real Estate Investment Trust says it is cutting its payouts to unitholders by a third as the COVID-19 pandemic creates an uncertain future for shopping centres. THE CANADIAN PRESS/Richard Buchan
report on business
RioCan says COVID-19 has turned real estate industry on its head
Signage leading to the leasing centre of the eCentral building in midtown Toronto, is photographed on Thursday, September 24, 2020. The building, owned by RioCan REIT, that is offering one month of free rent for select units. Tijana Martin/ The Globe and Mail
report on business
RioCan says Jonathan Gitlin will succeed Ed Sonshine as CEO next year
The Yonge Eglinton Centre in Toronto, owned and managed by Riocan, has a number of retail tenants that have been closed during the COVID-19 pandemic. April 22, 2020 (Melissa Tait / The Globe and Mail)
top links
Canadian REITs: ‘No rent left behind'
The Yonge Eglinton Centre in Toronto, owned and managed by Riocan.
report on business
RioCan posts net loss of $350.8-million as tenants defer rent due to COVID-19
The Yonge Eglinton Centre in Toronto, owned and managed by Riocan, has a number of retail tenants that have been closed during the COVID-19 pandemic. April 22, 2020 (Melissa Tait / The Globe and Mail)
inside the market
Good news for REIT investors: Tenants are paying rent
A customer leaves the Loblaws on Dupont Street in Toronto on Thursday, July 23, 2020. Tijana Martin/ The Globe and Mail
top links
Research Roundup: CIBC sees 25% upside in retail REITs, predictions for a housing slowdown, and a looming ‘danger zone’ for stocks
The Yonge Eglinton Centre in Toronto, owned and managed by Riocan, has a number of retail tenants that have been closed during the COVID-19 pandemic. April 22, 2020 (Melissa Tait / The Globe and Mail)
inside the market
Good stocks to own if you’re nervous about the rally
The Toronto Stock Exchange Broadcast Centre is shown in Toronto on June 28, 2013. THE CANADIAN PRESS/Aaron Vincent Elkaim
stars and dogs
The Globe’s stars and dogs for the week
For Stars and Dogs column in Globe Investor/ROB only.
report on business
REITs see retail rent payments plunge, only modest declines in residential
The Yonge Eglinton Centre in Toronto, owned and managed by Riocan, has a number of retail tenants that have been closed during the COVID-19 pandemic. April 22, 2020 (Melissa Tait / The Globe and Mail)
report on business
RioCan says focused on major markets, ready to weather retail challenges
People walk past rental signs placed in front of RioCan's E2 development near Yonge St., and Eglinton Avenue, in Toronto, on Thursday, August 15, 2019. (Christopher Katsarov/The Globe and Mail)
opinion
Why HBC’s property value is tough to pin down
Jeffrey Jones
report on business
RioCan profit rises, boosted by increased value of investment properties
A worker walks past a gate at RioCan's ePlace project, a commercial/residential development in Toronto, Ontario, Canada December 19, 2017. REUTERS/Chris Helgren
streetwise
RioCan CEO Ed Sonshine to step down as early as 2021
Dec 14, 2009 - Riocan CEO Ed Sonshine in his office. Photo: Charla Jones/Globe and Mail
report on business
RioCan shifts strategy to incorporate more office properties in its business
As shares of mall owners slump amid the growth of online shopping, RioCan has been developing apartments and retooling its suite of retail centres.
report on business
Ontario has scrapped rent control on new builds – will the increase in apartments bring down rental prices?
Stairs lead down from Parkway Forest Dr. to Sheppard Ave. East where the Don Mills subway station and Fairview Mall are a short walk away.
inside the market
Tuesday’s TSX breakouts: Investors get defensive with dividend stocks on the rise
Jennifer Dowty
report on business
HBC, RioCan in talks to redevelop Vancouver property
The Hudson's Bay Company building in downtown Vancouver on June 15, 2012.
report on business
RioCan REIT third-quarter profit down from a year ago
inside the market
Monday’s TSX breakouts:A security yielding 5.8% with 9 buy recommendations
Jennifer Dowty