TORONTO, ONTARIO -- (Marketwire) -- 03/16/12 -- 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 RioCan
RioCan 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.
Contacts:
RioCan Real Estate Investment Trust
Rags Davloor
Executive Vice President & CFO
(416) 642-3554
www.riocan.com
