DBRS Morningstar Changes Trends on RioCan Real Estate Investment Trust to Negative from Stable, Confirms Ratings at BBB (high)
Please refer to PDF document for more detail about our research: DBRS Morningstar Changes Trends on RioCan Real Estate Investment Trust to Negative from Stable, Confirms Ratings at BBB (high)RioCan Real Estate Investment Trust is a real estate investment trust. Co. is engaged in owning, developing and operating retail real estate, mixed use and office real estate. As of Dec 31 2009, Co. owned and managed a portfolio of Canadian shopping centres, with ownership interests in a portfolio of 258 retail properties, including 12 under development, containing an aggregate of over 61.7 million square feet. Co.'s Canadian portfolio of properties is concentrated around Canada's urban markets. Co. also owns properties in secondary markets, such as Kingston, Ontario and Quebec City, Quebec.
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