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PRESS RELEASE: Paid content from Globe Newswire
Press release content from Globe Newswire. The AP news staff was not involved in its creation.

RIOCAN REAL ESTATE INVESTMENT TRUST ANNOUNCES MARCH 2020 DISTRIBUTION

March 13, 2020 GMT

TORONTO, March 13, 2020 (GLOBE NEWSWIRE) -- RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 12 cents per unit for the month of March. The distribution will be payable on April 7, 2020 to unitholders of record as at March 31, 2020.

About RioCanRioCan is one of Canada’s largest real estate investment trusts, with a total enterprise value of approximately $15.0 billion as at December 31, 2019. 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 December 31, 2019, our portfolio is comprised of 220 properties with an aggregate net leasable area of approximately 38.4 million square feet (at RioCan’s interest) including office, residential rental and 14 development properties. To learn more about us, please visit www.riocan.com.

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Information contact:Kim LeeVice President, Investor Relations, RioCan REIT(416) 646-8326 klee@riocan.com