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RioCan Real Estate Investment Trust (REI_u.TO)

REI_u.TO on Toronto Stock Exchange

24.98CAD
15 Dec 2017
Change (% chg)

$0.06 (+0.24%)
Prev Close
$24.92
Open
$24.90
Day's High
$25.10
Day's Low
$24.88
Volume
252,125
Avg. Vol
560,100
52-wk High
$27.25
52-wk Low
$23.46

Latest Key Developments (Source: Significant Developments)

CT REIT Announces Agreement To Acquire Seven Properties From Riocan Reit
Tuesday, 28 Nov 2017 

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 

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
Tuesday, 31 Oct 2017 

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
Wednesday, 11 Oct 2017 

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

Riocan REIT Q2 FFO per unit $0.41
Friday, 29 Jul 2016 

Riocan Real Estate Investment Trust : Riocan Real Estate Investment Trust announces financial results and 8.1 percent growth in continuing operating funds from operations for the second quarter of 2016 . Riocan Real Estate Investment Trust says Canadian same store NOI increased 0.8 percent, or $1.1 million in Q2 compared to same period in 2015 . Riocan Real Estate Investment Trust says qtrly operating FFO was $0.42 per unit . Riocan Real Estate Investment Trust qtrly FFO per unit $0.41 . Q2 FFO per share view C$0.44 -- Thomson Reuters I/B/E/S .All figures in C$.  Full Article

Riocan,allied,Diamondcorp to sell residential component of well to Tridel and Woodbourne
Tuesday, 26 Jul 2016 

Allied Properties Real Estate Investment Trust : Riocan, allied and Diamondcorp to sell residential component of well to Tridel and Woodbourne .Allied Properties says deal for $180 million.  Full Article

Riocan announces firm agreement to acquire CPPIB'S interest in four properties
Thursday, 21 Jul 2016 

Riocan Real Estate Investment Trust : Riocan announces firm agreement to acquire cppib's interest in four properties and provides an update on recent acquisition activities . As a result of purchase, riocan will own 100% of four assets . Transaction will be funded through internal resources including lines of credit . Riocan real estate investment trust says riocan will not assume any additional mortgage debt from seller in connection with acquisition . Riocan announces firm agreement to acquire CPPIB'S interest in four properties and provides an update on recent acquisition activities . Riocan real estate investment trust says riocan will purchase CPPIB'S 50% interest at an aggregate purchase price of $352 million . Riocan Real Estate Investment Trust says will not assume any additional mortgage debt from seller in connection with acquisition . Transaction will be funded through internal resources including lines of credit .Acquisition is immediately accretive, expected to generate additional annualized net operating income of about $18 million.  Full Article

Riocan REIT, Plaza Retail REIT announce JV to redevelop 3 properties
Thursday, 16 Jun 2016 

Plaza Retail REIT : Under agreement, Riocan sold 50% managing interest in three properties at an aggregate sale price of $11.5 million . Under terms of arrangement, Plaza will manage three assets and oversee redevelopment efforts for joint venture .Riocan Real Estate Investment Trust and Plaza Retail REIT announce joint venture to redevelop three properties.  Full Article