TORONTO, ONTARIO--(CCNMatthews - Jan. 17, 2006) - RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today announced a distribution of 10.75 cents per unit for the month of January. The distribution will be payable on February 7, 2006 to unitholders of record on January 31, 2006.
About RioCan
RioCan's purpose is to deliver to its unitholders stable and reliable cash distributions, which continuously increase over time. RioCan is Canada's largest real estate investment trust with a total market capitalization of approximately $6.85 billion. It has ownership interests in a portfolio of 201 retail properties, including fourteen under development, across Canada containing in excess of 50 million square feet, including partners' and shadow anchors' interests.
For more information, please contact
RioCan Real Estate Investment Trust
Edward Sonshine, Q.C.
President & CEO
(416) 866-3018
http://www.riocan.com/