Ms. Kim Lee reports

RIOCAN REAL ESTATE INVESTMENT TRUST ANNOUNCES JANUARY 2024 DISTRIBUTION

RioCan Real Estate Investment Trust has declared a distribution of nine cents per unit for the month of January. The distribution will be payable on Feb. 7, 2024, to unitholders of record as at Jan. 31, 2024.

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, RioCan'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.