Ms. Kim Lee reports

RIOCAN REAL ESTATE INVESTMENT TRUST ANNOUNCES NOVEMBER 2023 DISTRIBUTION

RioCan Real Estate Investment Trust has declared a distribution of nine cents per unit for the month of November. The distribution will be payable on Dec. 7, 2023, to unitholders of record as at Nov. 30, 2023.

About RioCan Real Estate Investment Trust

RioCan is one of Canada's largest real estate investment trusts. 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. As at Sept. 30, 2023, the REIT's portfolio comprises 192 properties with an aggregate net leasable area of approximately 33.6 million square feet (at RioCan's interest), including office, residential rental and 10 development properties.