RioCan Reports First Quarter Results - Strong Leasing Results Driven by Accelerated Demand for High-Quality RioCan Space [Yahoo! Finance]
Costco Wholesale Corporation (COST)
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Source: Yahoo! Finance
Strategic leasing and development continued to enhance portfolio quality and net asset value (NAV) with resilient tenants, including new leases that upgraded two assets to grocery-anchored centres TORONTO, May 07, 2024 BUSINESS WIRE )--RioCan Real Estate Investment Trust ("RioCan" or the "Trust") (TSX: REI.UN) announced today its financial results for the three months ended March 31, 2024. "We continue to demonstrate the quality and resilience of RioCan's exceptional portfolio with strong leasing demand whenever units become available at our centres. Our ideal locations, superior demographics, and resilient tenant mix continue to attract and retain essential retailers," said Jonathan Gitlin, President and CEO of RioCan. "Our strategic leasing activity continues to enhance the strength of our portfolio and surface significant net asset value through an upgraded tenant base, improved income quality and higher average rents. The ongoing short supply and strong demand for quality ret
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