RioCan Real Estate Investment Trust Announces December 2017 Distribution

TORONTO, Dec. 15, 2017 -- RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) today announced a distribution of 11.75 cents per unit for the month of December. The distribution will be payable on January 8, 2018 to unitholders of record as at December 29, 2017.

About RioCan
RioCan is Canada’s largest real estate investment trust with a total enterprise value of approximately $13.9 billion at September 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 294 properties, including 16 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