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| Press Release

RioCan Real Estate Investment Trust Announces October 2017 Distribution

TORONTO, Oct. 13, 2017 (GLOBE NEWSWIRE) -- RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced a distribution of 11.75 cents per unit for the month of October. The distribution will be payable on November 7, 2017 to unitholders of record as at October 31, 2017.

About RioCan
RioCan is Canada’s largest real estate investment trust with a total enterprise value of approximately $13.9 billion as at June 30, 2017. 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. Our portfolio is comprised of 299 properties, including 15 development properties, with an aggregate net leasable area of approximately 45 million square feet. To learn more about how we deliver real vision on solid ground, visit www.riocan.com. 

For further information contact:
RioCan Real Estate Investment Trust
Christian Green
Assistant Vice President, Investor Relations & Compliance
Tel: 416-864-6483
www.riocan.com

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