RioCan Real Estate Investment Trust

Overview

RioCan Real Estate Investment Trust is a Canadian real estate investment trust (REIT) that owns, manages, and develops retail-focused, mixed-use properties in densely populated communities across Canada and the United States. As of September 30, 2025, its portfolio comprises 173 properties with an aggregate net leasable area of approximately 32 million square feet. The company's properties are located in major urban centers, including Toronto, Ottawa, Calgary, Montreal, Vancouver, and Edmonton, as well as in secondary markets. The company's investment strategy focuses on necessity-based and mixed-use properties situated in prime, high-density transit-oriented areas. RioCan's portfolio includes a mix of retail spaces, residential units, and office spaces, catering to the everyday shopping, living, and working needs of Canadians. The company emphasizes redevelopment and intensification of existing properties to enhance value and meet evolving market demands. RioCan's investment philosophy centers on creating long-term value for unitholders through strategic acquisitions, developments, and partnerships. The company aims to deliver durable growth by leveraging its strong capital base and extensive experience in the real estate sector. RioCan's leadership team, led by President and CEO Jonathan Gitlin, is committed to executing a future-proof strategy that focuses on tenant success, unitholder value, and community transformation.