RioCan Real Estate Investment Trust is one of Canada’s largest real estate investment trusts, specializing in the ownership, management and development of retail-focused properties. Since its founding in 1993, the firm has built a diversified portfolio of shopping centres and mixed-use urban assets. Headquartered in Toronto, RioCan combines strategic acquisitions with in-house development expertise to create vibrant community hubs anchored by grocery stores, national retailers and service providers.
The trust’s core business activities encompass property development, asset management and leasing. RioCan is particularly known for its urban intensification strategy, which integrates residential and office components into established retail sites. Notable projects include mixed-use communities in key markets such as the Toronto-Yonge corridor and Vancouver’s Fraser Street, where the REIT leverages transit-oriented development to drive foot traffic and long-term value creation.
RioCan’s portfolio is concentrated in major metropolitan regions across Canada, including Ontario, Quebec and Western Canada. The company works closely with municipalities and local stakeholders to ensure its developments meet community needs, incorporating sustainable design and public-realm enhancements. By focusing on high-density, transit-accessible locations, RioCan aims to capture growth in urban populations and evolving consumer preferences.
Under the leadership of President and Chief Executive Officer Jonathan Gitlin, RioCan continues to pursue disciplined growth and portfolio optimization. The board of trustees, chaired by Michael D. Curry, brings extensive experience in real estate and capital markets. With a management team that emphasizes strategic partnerships and operational excellence, RioCan remains committed to delivering stable income and long-term returns for unitholders through a thoughtfully managed real estate platform.
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