RioCan

RioCan's Properties

RioCan owns, manages, and develops a diverse portfolio of approximately 200 properties across Canada. These properties span retail, residential, and mixed-use developments, concentrated in high-density, transit-oriented areas. Anchored by resilient, necessity-based tenants such as grocery stores, pharmacies, and personal services, RioCan's properties are designed to meet the essential needs of communities. Major tenants include prominent retailers like Loblaws, Canadian Tire, Winners, Dollarama, and Metro. This strategic tenant mix ensures consistent foot traffic and stable revenue streams, underpinning the company's robust real estate portfolio.

RioCan's Development Pipeline

RioCan boasts a formidable development pipeline encompassing 42.4 million square feet of potential future projects. Currently, 1.1 million square feet are under construction, 1.7 million square feet are shovel-ready, and 14.5 million square feet have received zoning approval. This pipeline underscores RioCan's commitment to growth and diversification, with a focus on urban mixed-use developments. By transforming vacant or underdeveloped land in growing suburban markets, RioCan aims to create vibrant, self-sustaining communities. The development strategy aligns with the company's vision of integrating residential, commercial, and office spaces to meet evolving market demands.

RioCan Living™

RioCan Living™ is the residential brand of RioCan, dedicated to delivering purpose-built rental units and condos. This brand reflects RioCan's strategic shift towards creating mixed-use properties that blend residential, commercial, and office spaces. RioCan Living™ has successfully completed residential projects in major Canadian cities, including Toronto, Ottawa, and Calgary, with more developments underway. By focusing on high-density, transit-oriented areas, RioCan Living™ aims to provide convenient, modern living spaces that cater to urban lifestyles. This initiative is part of RioCan's broader strategy to enhance the value and appeal of their properties through intelligent diversification.

RioCan's ESG Strategy

RioCan is deeply committed to integrating Environmental, Social, and Governance (ESG) principles into its operations. The company focuses on sustainability throughout the asset life cycle, from development to management. RioCan's efforts have earned them top rankings among Canadian peers in the GRESB Real Estate and Disclosure Assessments. Additionally, over 3 million square feet of RioCan's portfolio have achieved the WELL Health-Safety Rating, reflecting their dedication to occupant health and well-being. RioCan has also raised $1.3 billion through Green Bond offerings to fund eligible green projects, showcasing their commitment to responsible growth and environmental stewardship.

RioCan's Corporate Citizenship

RioCan prides itself on its strong commitment to corporate citizenship and giving back to the communities it serves. This commitment is reflected in their various community engagement initiatives and philanthropic efforts. By focusing on creating spaces that enhance community well-being and sustainability, RioCan aims to foster a positive impact on society. Their ESG strategy encompasses not only environmental sustainability but also social responsibility, ensuring that their developments contribute to the overall quality of life for residents and tenants. This holistic approach to corporate citizenship reinforces RioCan's reputation as a responsible and community-oriented real estate developer.