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RioCan Real Estate Investment Trust Announces March 2006 Distribution.


TORONTO -- RioCan Real Estate Investment Trust RioCan Real Estate Investment Trust (TSX: REI.UN) is the largest real estate investment trust (REIT) in Canada with ownership interests in over 200 retail properties.[1]  ("RioCan") (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
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:REI.UN) today announced a distribution of 10.75 cents per unit for the month of March. The distribution will be payable on April 7, 2006 to unitholders of record as at March 31, 2006.

About RioCan

RioCan's purpose is to deliver to its unitholders stable and reliable cash distributions, which continuously increase over time. RioCan is Canada's largest real estate investment trust with a total market capitalization Total Market Capitalization

The total market value of all of a firm's outstanding securities.
 of approximately $7.2 billion. It has ownership interests in a portfolio of 202 retail properties, including 14 under development, across Canada Across Canada was an afternoon program that formerly aired on The Weather Network. The segment ran from early 1999 until mid 2002. The show ran from 3:00PM ET until 7:00 PM ET.  containing an aggregate of approximately 51.2 million square feet, including partners' and shadow anchors' interests.

RioCan Real Estate Investment Trust (TSX:REI.UN)
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 20, 2006
Words:122
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