|By Marketwired .||
|December 13, 2013 10:27 AM EST||
TORONTO, ONTARIO -- (Marketwired) -- 12/13/13 -- RioCan Real Estate Investment Trust ("RioCan") (TSX: REI.UN) today announced a distribution of 11.75 cents per unit for the month of December. The distribution will be payable on January 8, 2014 to unitholders of record as at December 31, 2013.
RioCan is Canada's largest real estate investment trust with a total capitalization of approximately $13.6 billion as at September 30, 2013. It owns and manages Canada's largest portfolio of shopping centres with ownership interests in a portfolio of 346 retail properties containing more than 83 million square feet, including 51 grocery anchored and new format retail centres containing 14 million square feet in the United States as at September 30, 2013. RioCan's portfolio also includes 15 properties under development in Canada. For further information, please refer to RioCan's website at www.riocan.com.
RioCan Real Estate Investment Trust
Executive Vice President & CFO