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RioCan and Kimco Announce Agreement for RioCan to Acquire Kimco’s Interest in 22 Canadian Properties

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TORONTO & NEW HYDE PARK, N.Y.--(BUSINESS WIRE)--RioCan Real Estate Investment Trust (“RioCan”) (TSX:REI.UN) and Kimco Realty Corp. (“Kimco”) (NYSE: KIM) announce that after fifteen successful years as partners, RioCan and Kimco have agreed to unwind their Canadian joint venture. The portfolio of 35 jointly owned properties (“RioKim Portfolio”) will be divided into three groups: the first group is a collection of 22 properties selected by RioCan that will be acquired in two stages: 19 properties

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