Strong Leasing and Occupancy Rates
RioCan reported a committed occupancy of 97.8% and retail occupancy of 98.4%, with a Q3 retention ratio of 92.7%. Leasing spreads were at record highs, with a blended leasing spread of 20.8% and new leases achieving 44.1%.
Commercial Same-Property NOI Growth
Commercial same-property NOI increased by 4.6%, reflecting strong performance and demand for RioCan's properties.
Successful Capital Repatriation
RioCan has successfully repatriated almost $500 million of capital in 2025, contributing to their target of $1.3 to $1.4 billion by 2026.
Positive GRESB Assessment
RioCan maintained regional sector leader status in the Americas under the retail sector and ranked first among North American retail peers in the standing investment assessment.
High Demand for Necessity-Based Retail Space
RioCan continues to see strong demand for high-quality, necessity-based retail space, particularly in Canada's major markets.