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RioCan Real Estate Investment Trust Announces August 2014 Distribution

TORONTO, ONTARIO -- (Marketwired) -- 08/15/14 -- RioCan Real Estate Investment Trust ("RioCan") (TSX: REI.UN) today announced a distribution of 11.75 cents per unit for the month of August. The distribution will be payable on September 8, 2014 to unitholders of record as at August 29, 2014.

About RioCan

RioCan is Canada's largest real estate investment trust with a total capitalization of approximately $14.9 billion as at June 30, 2014. It owns and manages Canada's largest portfolio of shopping centres with ownership interests in a portfolio of 340 retail properties containing approximately 81 million square feet, including 47 grocery anchored and new format retail centres containing 13 million square feet in the United States as at June 30, 2014. RioCan's portfolio also includes 16 properties under development in Canada. For further information, please refer to RioCan's website at www.riocan.com.

Contacts:
RioCan Real Estate Investment Trust
Rags Davloor
Executive Vice President & CFO
(416) 642-3554
www.riocan.com

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