RioCan Reports Third Quarter Results, Driven by Favourable Retail Fundamentals and the Strength of its Independent Platform
Business Wire•02/11/2026•17:22 ET
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Key Highlights
- ➤Core FFO per unit diluted $0.41, up 5.1% year over year
- ➤Retail committed occupancy reached a record-high 98.9%
- ➤2026 Core FFO per unit expected toward the high end of $1.60-$1.62
- ➤2026 Commercial SPNOI growth guidance reaffirmed at 4.0% to 4.5%
- ➤RioCan entered a new $400.0 million, 7.3-year unsecured credit facility
Expert Statements
Jonathan Gitlin, President and CEO of RioCan
“Our third quarter results reflect continued execution of our simple, retail-focused strategy and the strength of our business. Strong tenant demand, record retail occupancy and limited new supply continue to support healthy leasing economics and earnings growth. Combined with the capabilities of our independent platform, these fundamentals position RioCan well to continue executing our strategy and creating long-term value for unitholders.”
RioCan Reports Third Quarter Results, Driven by Favourable Retail Fundamentals and the Strength of its Independent Platform
RioCan Real Estate Investment Trust (“RioCan” or the “Trust”) (TSX: REI.UN) announced today its financial and operating results for the three and nine months ended September 30, 2026.
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