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RioCan Real Estate Investment Trust Announces July 2016 Distribution

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TORONTO, ONTARIO--(Marketwired - July 15, 2016) - RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today announced a distribution of 11.75 cents per unit for the month of July. The distribution will be payable on August 8, 2016 to unitholders of record as at July 29, 2016.

About RioCan

RioCan is Canada's largest real estate investment trust with a total enterprise value of approximately $16 billion as at March 31, 2016. RioCan owns and manages Canada's largest portfolio of shopping centres with ownership interests in a portfolio of 303 Canadian retail and mixed use properties, including 16 properties under development, containing an aggregate net leasable area of 46 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
Christian Green
Assistant Vice President, Investor Relations & Compliance
416-864-6483
www.riocan.com

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