Brief: Riocan Real Estate Investment Trust Announces One-Third Reduction In Distributions To Unitholders

RioCan Real Estate Investment Trust

03/12/2020 22:48

Dec 3 (Reuters) - RioCan Real Estate Investment Trust
 REI_u.TO :
    * RIOCAN REAL ESTATE INVESTMENT TRUST ANNOUNCES ONE-THIRD
REDUCTION IN DISTRIBUTIONS TO UNITHOLDERS
    * RIOCAN REAL ESTATE INVESTMENT TRUST - ANNOUNCED A
REDUCTION OF
CO'S MONTHLY DISTRIBUTION TO UNITHOLDERS FROM $0.12 PER UNIT TO
$0.08 PER UNIT
    * RIOCAN REAL ESTATE INVESTMENT TRUST - THIS ONE-THIRD
DISTRIBUTION REDUCTION WILL PROVIDE CO ADDITIONAL CASH FLOW OF
ABOUT $152 MILLION ANNUALLY

Source text for Eikon:  ID:nGNX3KXS1K 
Further company coverage:  REI_u.TO 

 ((Reuters.Briefs@thomsonreuters.com;))