RioCan Real Estate Investment Trust

RioCan Living recently celebrated the topping off of 11 Yorkville, a 65-story tower offering 698 premium residences, on Toronto's prestigious Yorkville Avenue. The event marks the completion of the final structural elements and a significant milestone for this iconic development. With resident possessions beginning in Q4 of 2024, 11 Yorkville is set to reshape Toronto's skyline and elevate the standard of urban living in Canada. Thank you to our partners, Metropia and Capital Developments, and everyone involved in bringing this project to life. For more information, visit www.11yorkville.com

We are proud to partner again with the BlackNorth Initiative to offer the 2024-2025 RioCan and BlackNorth Initiative Bursary. This bursary provides financial support to self-identifying Black Canadian high school students pursuing university or trades education in real estate-related field. The RioCan and BlackNorth Initiative Bursary is focused on supporting the black community and helping to make post-secondary education ambitions a reality. For more details and to apply, visit the link here: bit.ly/4bF6ZXa #RioCan #DiversityandInclusion #Partnership 

RioCan’s July Career Board features another exciting opportunity to join our team: we are seeking a Property Administrator at one of our West GTA offices. This role will require collecting, reconciling, and entering monthly rents in JD Edwards, including maintaining and updating tenant files, tenant/vendor insurance tracking, and utility account tracking. Reporting to the General Manager, the Property Administrator will play a key role in ensuring the smooth day-to-day operation of the properties. This will include preparing correspondence as necessary, assisting in the preparation of service contracts and temporary lease contracts, and helping resolve tenant issues, including reviewing tenant leases. The successful candidate will also maintain accounting/invoicing procedures in conjunction with Head Office, including processing supplier invoices, entering purchase orders into JD Edwards, and preparing monthly tenant service invoices. They will actively participate in accounts receivable meetings with the GM and AR Department, ensuring action items are addressed and followed up on, and collect and coordinate all information for proposed assignment packages within the West GTA. To apply for this position, visit the official job posting here. https://lnkd.in/gkz3w5S8 RioCan is committed to creating a diverse and inclusive workplace. We value different voices and perspectives and believe that unique backgrounds and identities make our business stronger. RioCan is always looking for exceptional talent. If you are interested in working with us, we are happy to hear from you: [email protected] #RioCan #hiringnow #hiringalert

Our CEO, Jonathan Gitlin was recently interviewed by Jared Lindzon and published in the Toronto Star as part of their featured CEO series. You can read the full interview here:

RioCan’s June Career Board highlights a fantastic opportunity to join our team: we are seeking an IT Administrative Assistant at the Yonge Eglinton Centre in Toronto. This role will require coordinating IT related technology purchases through the Business ERP system (Yardi), including overseeing the creation of IT purchase orders and ensuring approvals in accordance with company procurement policy. Reporting to the Vice President, Information Technology, the IT Administrative Assistant will play a key role in supporting IT operations and financial management. This will include liaising with external suppliers for timely payment of vendor invoices and applying cost allocation of IT expenses to various business units. The successful candidate will excel in maintaining IT department budgets, assisting with quarterly governance presentations, and managing contract databases and project portfolios. To apply for this position, visit the official job posting here: https://lnkd.in/gQ_KiUMg RioCan is committed to creating a diverse and inclusive workplace. We value different voices and perspectives and believe that unique backgrounds and identities make our business stronger. RioCan is always looking for exceptional talent. If you are interested in working with us, we are happy to hear from you: [email protected] #RioCan #hiringnow #hiringalert

This year for National Indigenous History Month, RioCan has partnered with imagineNATIVE to present two feature films at The Well in Toronto on June 28 and 29. These screenings are part of a broader series of public programming that invites audiences to experience Indigenous Cinema and artists throughout the month of June. To learn more about the screenings and schedules, visit:  https://lnkd.in/g-zqDmEy

At RioCan, our people are our top priority and central to everything we do. We believe that a thoughtful, holistic approach to total rewards is the best way to engage employees, recognize hard work, and promote overall well-being.    Minjie (Kelly) Wu, Assistant Vice President of Total Rewards, illustrates how our team supports the advancement of our culture of excellence and how RioCan is committed to providing every employee with a competitive and innovative total rewards package, continuously adding value to their professional journey.     We believe that when our people thrive, we all succeed.    #RioCan #EmployeeSpotlight #TotalRewards

RioCan is pleased to share our sixth annual ESG Report. Through embedding our commitments to resilient business, purposeful impact, and strategic partnerships across our business, RioCan’s ESG program is leading the way in shaping a sustainable future. 2023 was marked by notable leadership achievements, a commitment to climate targets, and deepening dialogue with our stakeholders. It is through such leadership and strategy that we can be a collaborative partner in achieving goals through best-in-class practices. A few of our 2023 highlights and achievements include: - Maintained first-place rank among Canadian peers in the GRESB Real estate Assessment: Standing Investments - Upgraded by Morgan Stanley Capital Investments (MSCI) to an “A” ESG rating - Validated near- and long-term greenhouse gas (GHG) reduction targets with the Science Based Targets Initiative (SBTi) - Recognized as one of the top 100 employers by Greater Toronto’s Top Employers - Achieved a 98% response rate and a 90% overall engagement score in our 2023 Employee Engagement Survey View our latest ESG Report here:

RioCan’s June Tenant Spotlight RioCan is excited to support the continued growth and expansion of SEPHORA across our portfolio. Following their successful grand openings at RioCan Meadows in early April, and RioCan Marketplace Toronto in mid-May Sephora is set to expand further with its upcoming opening at The Well in Summer 2024 and others already committed to for 2025. With these additions, Sephora will boast 15 locations within RioCan's portfolio, offering our communities an unmatched retail experience, characterized by innovative services and an extensive selection of beauty products. RioCan's ~200 properties span retail, residential, and mixed-use developments in Canada's major markets. As community stewards, we curate best-in-class retail offerings for the vibrant communities we serve, and our industry-leading management team is dedicated to supporting our tenants, because when our tenants thrive, we all succeed. #TenantSpotlight #RioCan #Sephora

Last week, RioCan hosted our Annual General Meeting with Unitholders. Our CEO, Jonathan Gitlin, provided an update on our ongoing momentum and reaffirmed RioCan's commitment to long-term growth.