RioCan Real Estate Investment Trust Announces February 2016 Distribution

TORONTO, ONTARIO--(Marketwired - Feb. 12, 2016) - RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today announced a distribution of 11.75 cents per unit for the month of February. The distribution will be payable on March 7, 2016 to unitholders of record as at February 29, 2016.

About RioCan

RioCan is Canada's largest real estate investment trust with a total enterprise value of approximately $15.1 billion as at September 30, 2015. It owns and manages Canada's largest portfolio of shopping centres with ownership interests in a portfolio of 354 retail properties containing approximately 78 million square feet, including 49 retail properties containing 13 million square feet in the United States as at September 30, 2015. RioCan's portfolio also includes 16 properties under development in Canada. For further information, please refer to RioCan's website at www.riocan.com.

RioCan Real Estate Investment Trust
Christian Green
Director, Investor Relations & Compliance
416-864-6483
www.riocan.com