RioCan Real Estate Investment Trust Announces November 2018 Distribution

November 15, 2018

TORONTO, Nov. 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 November. The distribution will be payable on December 7, 2018 to unitholders of record as at November 30, 2018.

About RioCanRioCan is one of Canada’s largest real estate investment trust with a total enterprise value of approximately $13.7 billion at September 30, 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 250 properties, including 17 development properties, with an aggregate net leasable area of approximately 40 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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