15:28:59 EST Tue 20 Jan 2026
Enter Symbol
or Name
USA
CA



RioCan Real Estate Investment Trust
Symbol REI
Shares Issued 293,194,594
Close 2026-01-19 C$ 19.88
Market Cap C$ 5,828,708,529
Recent Sedar+ Documents

Globe/CP say RioCan okay with "downmarket" tenant in TO

2026-01-20 08:38 ET - In the News

The Globe and Mail reports in its Tuesday edition that a Quebec department store dating back to the 1990s is plotting a revival at two former Hudson's Bay properties in the province. A Canadian Press dispatch to The Globe says that recent court filings say Les Ailes de la Mode will take over former HBC stores in the Montreal and Quebec City areas and is targeting openings in the first half of this year. Founded Les Ailes de la Mode as a department store in 1994, it was purchased by Fairweather Group in fall 2005 but faltered and now exists as a small handful of shops selling deeply discounted clothing. Fairweather has been trying to revive Les Ailes de la Mode as a mid- to high-end department store since at least last year, when it began pushing to take over a lease HBC and RioCan REIT held at Yorkdale Shopping Centre in Toronto. Mall owner Oxford Properties is fighting the possibility of Les Ailes de la Mode becoming its tenant because it feels the brand is too "downmarket" for the luxury atmosphere it has built at Yorkdale. RioCan supports Les Ailes de la Mode moving in. A judge heard arguments about the matter last week, but has yet to decide whether Oxford should be forced to accept Les Ailes de la Mode as a tenant.

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