RioCan Real Estate Investment Trust Reports Third Quarter 2026 Financial Results

RioCan Real Estate Investment Trust reported diluted net income of $0.42 per unit for the third quarter of 2026, while diluted Core FFO per unit increased 5.1%. Retail committed occupancy reached a record 98.9%. Average net rent on new leases was $31.45 per square foot, 32% above the $23.81 average net rent per occupied square foot at quarter-end. CEO Jonathan Gitlin said the results reflected continued execution of the Trust’s retail-focused strategy.