RioCan Real Estate Investment Trust Announces May 2018 Distribution

May 15, 2018

TORONTO, May 15, 2018 (GLOBE NEWSWIRE) -- RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced a distribution of 12 cents per unit for the month of May. The distribution will be payable on June 7, 2018 to unitholders of record as at May 31, 2018.

About RioCanRioCan is one of Canada’s largest real estate investment trusts with a total enterprise value of approximately $13.7 billion at March 31, 2018. RioCan owns, manages and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live and work. Our portfolio is comprised of 284 properties, including 17 development properties, with an aggregate net leasable area of approximately 43 million square feet. To learn more about how we deliver real vision on solid ground, visit www.riocan.com.

For further information contact:RioCan Real Estate Investment TrustChristian GreenAssistant Vice President, Investor Relations & ComplianceTel: 416-864-6483 www.riocan.com

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