TORONTO, ONTARIO--(Marketwire - May 15, 2008) - RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today announced a distribution of 11.25 cents per unit for the month of May. The distribution will be payable on June 6, 2008 to unitholders of record as at May 30, 2008.
RioCan is Canada's largest real estate investment trust with a total capitalization of approximately $7.8 billion. It owns and manages Canada's largest portfolio of shopping centres with ownership interests in a portfolio of 216 retail properties, including 14 under development, containing an aggregate of over 57 million square feet. For further information, please refer to RioCan's website at www.riocan.com.
FOR FURTHER INFORMATION PLEASE CONTACT:
RioCan Real Estate Investment Trust
Senior Vice President & CFO