RioCan Core FFO Per Diluted Unit Rises 5.1% as Retail Occupancy Sets Record

RioCan Real Estate Investment Trust’s Core FFO per diluted unit rose 5.1% in the third quarter, while retail committed occupancy reached 98.9%, a record for its commercial portfolio. Core funds from operations totaled C$118.7 million for the three months ended Sept. 30, compared with C$115.9 million a year earlier. Per diluted unit, Core FFO increased to C$0.41 from C$0.39. All figures are in Canadian dollars. Core FFO is a non-IFRS measure without a standardized definition and may not be comparable across issuers.

Source: TokenPost