RioCan posts second-quarter net income of $78.5-million

RioCan Real Estate Investment Trust REI-UN-T reported second-quarter net income of $78.5 million, down from $145.3 million a year ago, as committed occupancy returned to pre-pandemic levels. RioCan says same property net operating income (NOI) growth to 6.2 per cent helped the trust in the second …

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