Overview
Description
RioCan Real Estate Investment Trust is a prominent Canadian real estate investment trust focused on owning, managing, and developing retail and mixed-use properties. Its primary purpose is to generate income for its investors through the acquisition and effective management of high-quality retail properties across urban markets in Canada. RioCan's portfolio predominantly includes shopping centers and mixed-used developments, which frequently feature residential components, thus diversifying its investment base.
Operating in key Canadian urban areas such as Toronto, Montreal, and Vancouver, RioCan plays a significant role in the commercial real estate sector, impacting retail operations and urban development. Its strategic focus on urbanization and intensification projects positions it as a pivotal player in transforming and modernizing Canadian cityscapes. Established in 1993, RioCan has grown to become one of Canada's largest REITs, distinguished by its robust financial structure and commitment to sustainable growth. With a reputation for stability and resilience, RioCan continues to adapt to shifts in retail trends, focusing on high-traffic, densely populated regions to optimize returns and ensure long-term relevance in the competitive real estate market.
About
CEO
Mr. Jonathan Gitlin
Employees
509
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
United States
MIC code
PINX