RioCan Delivers Strong Second Quarter Performance; Retail Committed Occupancy Climbs to 98.8%, Reflecting Sustained Demand for RioCan's Portfolio
RioCan Real Estate Investment Trust (“RioCan" or the "Trust”) (TSX: REI.UN) announced today its financial and operating results for the three and six months ended June 30, 2026. Based on strong year-to-date leasing results, the Trust raises its guidance on Commercial Same Property NOI growth and reaffirms other 2026 guidance as previously disclosed in its 2025 annual MD&A.
Net income per unit - diluted increased by 6.1%; Core FFO per unit - diluted(1) increased by 5.3%
98.8% retail committed occupancy reflects sustained demand in a supply-constrained market
23.1% blended leasing spread highlights the Trust’s ability to unlock embedded mark-to-market opportunities
