Riocan Real Estate Investment Trust http://www.alacrastore.com/company-snapshot/Riocan_Real_Estate_Investment_Trust-2517195 Tuesday, October 14, 2008 6:30:24 AM 2517195 Riocan Real Estate Investment Trust en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/spcred/669403spcred/669403normThe latest News from S&Pglobalstructured9/4/2008 1:16:32 PM100News669403CanadaRetail REIT'sCanadaGlobal IssuersStructured FinanceCorporationsReal Estate CompaniesNewsTORONTO (Standard&Poor's) Sept. 4, 2008--Standard&Poor's Ratings Services today said its Canadian stability rating on RioCan Real Estate Investment Trust (SR-2/Stable; DPA: moderate) remains unchanged by the trust's announced monthly distribution increase to 11.5 Canadian cents from 11.25 Canadian cents. The 2.2% increase in distributions is consistent with Standard&Poor's view of the trust's distribution profile assessment, which indicates that distributions are at a sustainable level that the trust can maintain across a reasonable range of scenarios. A stability rating is not a credit rating but reflects Standard&Poor's current opinion on the prospective relative stability of distributable cash flow generation on a scale running from 'SR-1' to 'SR-7'. A stability rating is an opinionCAN76691040402060 404020 4040 40RioCan Real Estate Investment Trust351057CANREI-U@CNNEWSGLOBISSSTRUCCORPRECCredit & Investment ResearchS&P Credit ResearchCANADA - ####-#### Quebec Inc, a unit of Canadian state-owned Hydro-Quebec's Hydro-Quebec Pension Fund subsidiary, acquired a ##% stake in Quartier Dix##, an owner and operator of shopping centers, from Devimco Inc. Terms were not disclosed.7/24/2008 2:29:17 PM90673J73855L1350877669102946-8964 Quebec IncQuartier DIX30CanadaRioCan Real Estate Investment Trusthttp://www.alacrastore.com/storecontent/Thomson_M%26A/2946_8964_Quebec_Inc_acquires_a_minority_stake_in_Quartier_DIX30_from_RioCan_RE_Invest_Trust-1997901040sdc/19979010401997901040Copyright © 2008, Thomson Financial, All Rights ReservedReal Estate; Mortgage Bankers and BrokersCanadaLand subdividers and developers, except cemeteries6552FFForeignSubsidiary6552:Land subdividers and developers, except cemeteries9131:Executive and legislative offices combined999A:National governmentReal Estate; Mortgage Bankers and BrokersCanadaOperators of nonresidential buildings6512FFForeignSubsidiary1030216001Natl govtReal estate investment trustUnspecifiedStock1030220001Jul 24 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000002946-8964 Quebec Inc, locatedin Quebec, is real estatedevelopment firm.2946-8964 Quebec Inc, located in Quebec, is real estatedevelopment firm.2946-8964 Quebec Inc, located in Quebec, is real estate development firm.1.000002.000003.00000Quartier DIX30, located inBrossard, Quebec, owns andoperates shopping centers.Quartier DIX30, located in Brossard, Quebec, owns andoperates shopping centers.Quartier DIX30, located in Brossard, Quebec, owns and operates shopping centers.0.000000.000000.000000.00000N21 Jul 08Mon, 21 Jul 2008 00:00:00 ESTDate Announced: 07/21/200821 Jul 08Date Effective: 07/21/200821 Jul 08Acq. Part. Int.Friendly0.000000.000000.000000.000000.000000.00000Price/Share0.0000000.000000.0000000.0000020.0000020.000000.000000.000000.0000000.00000N0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.0000020.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.00000CANADA - 2946-8964 Quebec Inc,a unit of Canadian state-ownedHydro-Quebec's Hydro-QuebecPension Fund subsidiary,acquired a 20% stake inQuartier Dix30, an owner andoperator of shopping centers,from Devimco Inc. Terms werenot disclosed.CANADA - 2946-8964 Quebec Inc, a unit of Canadian state-owned Hydro-Quebec's Hydro-Quebec Pension Fund subsidiary, acquired a 20% stake in Quartier Dix30, an owner and operator of shopping centers, from Devimco Inc. Terms were not disclosed.CANADA - 2946-8964 Quebec Inc, a unit of Canadian state-owned Hydro-Quebec's Hydro-QuebecPension Fund subsidiary, acquired a 20% stake in Quartier Dix30, an owner and operator ofshopping centers, from Devimco Inc. Terms were not disclosed.CANADA - 2946-8964 Quebec Inc, a unit of Canadian state-owned Hydro-Quebec's Hydro-Quebec Pension Fund subsidiary, acquired a 20% stake in Quartier Dix30, an owner and operator of shopping centers,from Devimco Inc. Terms were not disclosed.CANADA - 2946-8964 Quebec Inc, a unit of Canadian state-owned Hydro-Quebec's Hydro-Quebec Pension Fund subsidiary, acquired a 20% stakein Quartier Dix30, an owner and operator of shopping centers, from Devimco Inc. Terms were not disclosed.Completed0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Completed-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000006512:Operators of nonresidential buildings1017001Canada999AForeignGovernment6798:Real estate investment trusts304811003TorontoCanada6798ForeignPublicREI.UN0.000000.000000.000000.00000Deal InformationTF Mergers & AcquisitionsCANADA - RioKim II, a joint venture between Kimco Realty Corp and Riocan Real Estate Investment Trust, agreed to acquire a ## shopping center property portfolio, located in Nova Scotia, Quebec and Ontario, an owner and operator of shopping centers, for an estimated ### mil Canadian dollars ($###.### mil US).6/5/2008 5:42:29 PM76695A82774V76691082774VRioKim IIShopping Center Portfolio, Ontario(10)RioCan Real Estate Investment TrustShopping Center Portfolio, Ontario(10)http://www.alacrastore.com/storecontent/Thomson_M%26A/RioKim_II_acquires_Shopping_Center_Portfolio_10-1983740040sdc/19837400401983740040Copyright © 2008, Thomson Financial, All Rights ReservedInvestment & Commodity Firms,Dealers,ExchangesCanadaReal estate investment trusts6798FFForeignJoint Venture6798:Real estate investment trusts6798:Real estate investment trustsReal Estate; Mortgage Bankers and BrokersCanadaOperators of nonresidential buildings6512FFForeignPrivate1014237001Real estate investment trustOwn,op shopping centersCashCash OnlyAssets1014235001Jun 5 20080.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.00000RioKim II, located in Ontario,is a real estate investmentfirm.RioKim II, located in Ontario, is a real estate investmentfirm.RioKim II, located in Ontario, is a real estate investment firm.1.000002.000003.000004.000005.00000A ten shopping center propertyportfolio, located in Ontario,Quebec and Nova Scotia, anowner and operator of shoppingcenters.A ten shopping center property portfolio, located inOntario, Quebec and Nova Scotia, an owner and operator ofshopping centers.A ten shopping center property portfolio, located in Ontario, Quebec and Nova Scotia, an owner and operator of shopping centers.0.000000.000000.000000.00000NCanadian Dollar04 Jun 08Wed, 04 Jun 2008 00:00:00 ESTDate Announced: 06/04/2008Date Effective:Acq. of AssetsFriendly0.000000.000000.000000.000000.000000.00000Price/Share0.00000156 Canadian Dollar156.000000.00000156 Canadian Dollar156.000000.000000.000000.000000.00000156.00000156 Canadian Dollar0.99100N78.762000.000000.000000.000000.000000.00000154.56300154.563000.000000.000000.000000.000000.000000.000000.00000100.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000001.000002.000003.000004.000005.000006.000007.000008.000009.0000010.0000011.00000CANADA - RioKim II, a jointventure between Kimco RealtyCorp and Riocan Real EstateInvestment Trust, agreed toacquire a 10 shopping centerproperty portfolio, located inNova Scotia, Quebec andOntario, an owner and operatorof shopping centers, for anestimated 156 mil Canadiandollars ($154.563 mil US).CANADA - RioKim II, a joint venture between Kimco Realty Corp and Riocan Real Estate Investment Trust, agreed to acquire a 10 shopping center property portfolio, located in Nova Scotia, Quebec and Ontario, an owner and operator of shopping centers, for an estimated 156 mil Canadian dollars ($154.563 mil US).CANADA - RioKim II, a joint venture between Kimco Realty Corp and Riocan Real EstateInvestment Trust, agreed to acquire a 10 shopping center property portfolio, located inNova Scotia, Quebec and Ontario, an owner and operator of shopping centers, for anestimated 156 mil Canadian dollars ($154.563 mil US).CANADA - RioKim II, a joint venture between Kimco Realty Corp and Riocan Real Estate Investment Trust, agreed to acquire a 10 shopping center property portfolio, located in Nova Scotia, Quebec andOntario, an owner and operator of shopping centers, for an estimated 156 mil Canadian dollars ($154.563 mil US).CANADA - RioKim II, a joint venture between Kimco Realty Corp and Riocan Real Estate Investment Trust, agreed to acquire a 10 shoppingcenter property portfolio, located in Nova Scotia, Quebec and Ontario, an owner and operator of shopping centers, for an estimated 156mil Canadian dollars ($154.563 mil US).Pending0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.00000Status:Pending-999.00000np0.00000-999.00000np0.000000.000000.000000.000000.000000.000000.000000.000000.000000.000000.000006512:Operators of nonresidential buildings304811003TorontoCanada6798ForeignPublicREI.UN6512:Operators of nonresidential buildings1014235001Canada6512ForeignPrivate154.56300156.00000154.5630078.76200Deal InformationTF Mergers & Acquisitionshttp://www.alacrastore.com/storecontent/spcred/642955spcred/642955normThe latest Summary from S&Pglobalstructured4/15/2008 3:25:00 PM175Summary642955CanadaRetail REIT'sCanadaGlobal IssuersStructured FinanceCorporationsReal Estate CompaniesSummaryThe ratings on RioCan Real Estate Investment Trust primarily reflect the REIT's strong business profile and dominant position in the "power center" retail and open neighborhood strip retail property segment. Occupancy levels were unchanged in the fourth quarter at 97.6% and have consistently remained above 95%. The lease profile is well diversified and the expiring space due in 2008 appears manageable at 7.0% of total leasable area. The profile of the tenants leasing space from the REIT is diverse, with approximately 50% of RioCan's gross revenues generated by its top 25 tenants, and 83% coming from national and anchor tenants. The top 10 tenants generate 34.8% of total revenues, with no tenant representing more than 5.6%. The tenant concentration inCAN76691040402060 404020 4040 40RioCan Real Estate Investment Trust351057CANREI-U@CNSUMMARYGLOBISSSTRUCCORPRECCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/620384spcred/620384normThe latest Full Report from S&P12/17/2007 1:27:47 PMFull Report400globalstructured620384CanadaRetail REIT'sCanadaGlobal IssuersStructured FinanceCorporationsReal Estate CompaniesFull ReportCanada's largest owner and manager of "power center" (also known as "box" or "new format") retail and open neighborhood strip retail centers Stable cash flow derived from long-term leases with a diversified base of predominately national tenants Well-staggered lease maturity schedule with potential rental revenue increases from first option renewals on new format tenants Consistently high level of average occupancy Rapid growth in the past five years High distribution payout compared with global peers Concentrated assets in the province of Ontario Growing proportion of development assets that could increase risk to the portfolio The ratings on RioCan Real Estate Investment Trust primarily reflect the strong business position of the Toronto-based REIT within the retail shopping center format. RioCan is Canada'sCAN76691040402060 404020 4040 40RioCan Real Estate Investment Trust351057CANREI-U@CNFULLGLOBISSSTRUCCORPRECCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/620386spcred/620386normThe latest Summary from S&P12/17/2007 1:27:47 PMSummary175structuredglobal620386CanadaRetail REIT'sCanadaGlobal IssuersStructured FinanceCorporationsReal Estate CompaniesSummaryThe ratings on RioCan Real Estate Investment Trust primarily reflect the strong business position of the Toronto-based REIT within the retail shopping center format. RioCan is Canada's largest owner and manager of "power center" (also known as "box" or "new format") retail and open neighborhood strip retail centers. The trust's properties are well positioned and many have been developed within the past five to 10 years. The trust's lease profile is well staggered with a weighted average 9.5% of square feet (sq. ft.) expiring over the next five years. The profile of the tenants leasing space from the REIT is diverse, with approximately 50% of RioCan's gross revenues generated by its top 25 tenants, and 83% coming from national andCAN76691040402060 404020 4040 40RioCan Real Estate Investment Trust351057CANREI-U@CNSUMMARYGLOBISSSTRUCCORPRECCredit & Investment ResearchS&P Credit Research