TORONTO, ONTARIO--(Marketwire - 10/15/09) - RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN - News) today announced a distribution of 11.5 cents per unit for the month of October. The distribution will be payable on November 6, 2009 to unitholders of record as at October 30, 2009.

About RioCan

RioCan is Canada's largest real estate investment Trust with a total capitalization of approximately $7.8 billion as at September 30, 2009. It owns and manages Canada's largest portfolio of shopping centres with ownership interests in a portfolio of 247 retail properties, including 14 under development, containing an aggregate of over 59 million square feet. For further information, please refer to RioCan's website at www.riocan.com.

 
Contacts:
RioCan Real Estate Investment Trust
Rags Davloor
Senior Vice President & CFO
(416) 642-3554