Overview
Description
RioCan Real Estate Investment Trust is a prominent Canadian real estate investment trust focused on acquiring, managing, and developing a balanced portfolio of commercial real estate properties. Founded in 1993, RioCan primarily targets retail and mixed-use properties located strategically across Canada's major urban areas. The primary function of RioCan is to provide investors with predictable cash flow and long-term value through the income generated from its portfolio of high-quality urban retail and mixed-use developments.
A significant feature of RioCan's portfolio is its emphasis on transit-oriented properties, which are increasingly sought after in metropolitan areas for their accessibility and potential for sustainable income streams. It actively engages in developing dynamic urban spaces that combine residential, office, and retail elements, addressing the growing demand for versatile, mixed-use environments. RioCan plays a critical role in the Canadian real estate sector by fostering urban development and revitalizing neighborhoods.
RioCan's operations are integral to shaping Canada's retail landscape, contributing to economic stability by enhancing infrastructure and supporting communities. The trust is listed on the Toronto Stock Exchange, underscoring its importance in the Canadian financial market as a leading real estate entity.
About
CEO
Mr. Jonathan Gitlin
Employees
496
Address
RioCan Yonge Eglinton Centre
2300 Yonge Street, Suite 500 P.O. Box 2386
Toronto, M4P 1E4, ON
Canada
2300 Yonge Street, Suite 500 P.O. Box 2386
Toronto, M4P 1E4, ON
Canada
Phone
(416) 866-3033
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Retail
Country
Canada
MIC code
XTSE