TORONTO, ONTARIO--(CCNMatthews - Nov. 16, 2006) - RioCan Real Estate Investment Trust ("RioCan")(TSX:REI.UN) today announced a distribution of 11 cents per unit for the month of November. The distribution will be payable on December 7, 2006 to unitholders of record as at November 30, 2006.
About RioCan
RioCan is Canada's largest real estate investment trust with a total market capitalization of approximately $8 billion. It owns and manages Canada's largest portfolio of shopping centres with ownership interests in a portfolio of 204 retail properties, including 8 under development, containing an aggregate of over 50.7 million square feet. For further information, please refer to RioCan's website at http://www.riocan.com/.
For more information, please contact
RioCan Real Estate Investment Trust
Edward Sonshine, Q.C.
President & CEO
(416) 866-3018
Website:
www.riocan.com