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RioCan REIT saw strong Q1 retail occupancy levels, rent rates ticking up

Posted on May 10, 2023

TORONTO - RioCan Real Estate Investment Trust says net income for the first quarter was $118 million, down from $160 million a year earlier.

The Toronto-based company says same property net operating income grew by 3.4 per cent, driven in part by increases in rent and occupancy.

Read the article in Toronto Star. (Note, you will be leaving riocan.com and directed to an external website).

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