RioCan Real Estate Investment Trust

Corporate Finance:Real Estate

Summary

RioCan is one of the largest real estate investment trusts (REITs) in Canada. It has a portfolio comprising 254 income-producing retail properties, with a total leasable area of approximately 36.5 million square feet (RioCan’s net interest). The portfolio primarily consists of unenclosed community shopping centres located mainly in Ontario, Québec and Alberta. RioCan is one of the largest real estate investment trusts (REITs) in Canada, with a portfolio comprising 254 income-producing retail properties having a total leasable area of 36.5 million square feet (RioCan’s net interest). The portfolio primarily consists of unenclosed community shopping centres located mainly in Ontario, Québec and Alberta.

Debt Rated Action Rating Trend Date
Income Fund Disc.-W/drwn Discontinued -- Apr 26, 2011
Senior Unsecured Debentures Confirmed BBB (high) Stb Apr 27, 2011
Senior Unsecured Debentures, Series I Confirmed BBB (high) Stb Apr 27, 2011
Preferred Trust Units Confirmed Pfd-3 (high) Stb Apr 27, 2011