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RioCan’s Strong Q2 Leasing Results | Toronto News
RioCan’s Q2 results shine with 98.8% retail occupancy, a 6.1% jump in net income per unit, and a stellar 23.1% blended leasing spread—proof they’re dominating tough markets through disciplined leasing and necessity-based retail. With $1M in new leases (mostly renewals) and $1M in upcoming lease expirations, they’re primed to boost rents further, while selling residential assets adds cash flow. CEO Jonathan Gitlin confirms their strategy is working—resilient, smart, and set for continued growth. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
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