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RioCan Real Estate Investment Trust has reported a net profit of $468-million

RioCan Real Estate Investment Trust which owns and manages Canada’s largest portfolio of shopping centres with ownership interests in a portfolio of more than 300 retail properties in Canada and the United States, has reported a net profit of $468-million up from $241-million. Funds from operations also beat expectations, rising 16% to $116-million.

Financial Post 14th February 2013

 

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