RioCan Real Estate Investment Trust

At RioCan, we are passionate about learning and development. Our annual Summer Student Program provides students with opportunities to learn new skills, gain hands-on experience, and expand their professional networks through internships in various business areas. This summer, in addition to the daily mentorship provided in their roles, our student interns participated in key events and programs, including a full Onboarding Day, a Lunch and Learn session, our SLT Networking Event, RioCan Mentors sessions, the BOMA Next Gen Networking Event, the JLL Legal Intern Event, and the CBRE Intern Event. We wish Adam Antel, Arabhi Kulamurugan, Audrey Ntambwe, Bailey M., Bianca Gornik, Deven Marrero, Eden Moncik, Elena Vlitas, Emmanuel Ajimijaye, Hayden Tran, Jack Gibson, Jordan Strasberg, Megan Curry, Raymond Ballantyne, and Ryan Batalion the best as they move forward in their careers and look forward to their future contributions to the industry.

Congratulations to Jennifer Suess, RioCan’s SVP, General Counsel, ESG, and Corporate Secretary, for being named to Canadian Lawyer’s 2024 list of Top 25 Most Influential Lawyers. This prestigious award celebrates excellence in the Canadian legal profession and awards individuals whose work has significantly impacted the legal system in the last 18 months. Since joining RioCan in 2017, Jennifer has made notable advancements in the Trust’s Environmental, Social & Governance platform, while also leading the organization’s Legal, Insurance and Lease Administration Departments. As the founding Executive Sponsor of RioCan’s Women’s Initiative Network, Jennifer plays a pivotal role in promoting women’s development and opportunities for advancement in the workplace. Additionally, her commitment extends beyond RioCan, as she serves as a Board Member of the Hospital for SickKids Foundation. Please join us in celebrating Jennifer’s achievement and her dedication to excellence.

RioCan’s August Career Board features another exciting opportunity to join our team: we are seeking a Marketing Manager, RioCan Living at the Yonge Eglinton Centre in Toronto. This role will require executing effective marketing initiatives to build awareness and generate leads for RioCan Living’s residential and mixed-use developments, including managing third-party creative agencies in the development of marketing collateral and execution of campaigns and events. Reporting to the Director, RioCan Living Marketing and Sales, the Marketing Manager will play a key role in promoting RioCan Living’s existing and future residential developments. This will include overseeing day-to-day management of advertising campaigns, managing media buys, and supervising updates to RioCan Living and RioCan corporate websites. The successful candidate will also manage multiple marketing budgets, oversee the marketing setup of new condo and rental offices, and lead sales and purchaser-related events. To apply for this position, visit the official job posting here. https://lnkd.in/gRtdtuJU 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: recruiting@riocan.com #RioCan #hiringnow #hiringalert

We are pleased to acknowledge Stacey Claffey, our Regional Director of Property Management, for her recognition by BOMA Edmonton. With over 15 years of experience and certifications including CRRP and Fitwel Ambassador, Stacey exemplifies leadership and commitment to excellence in commercial real estate. Her contributions to RioCan and the Edmonton region are greatly valued.

We are excited to welcome Cactus Club Cafe‘s newest location to Yonge Sheppard Centre. Opening today, Cactus Club Cafe has joined our roster of over 50 retail and service tenants and is set to become a go-to destination within the mixed-use centre. Spanning two levels and more than 14,000 sq ft, Cactus Yonge Sheppard Centre brings a vibrant, contemporary dining to one of Toronto’s central shopping destinations. 

Our CEO, Jonathan Gitlin, spoke to BNN Bloomberg Friday about RioCan's Q2 earnings results. You can watch the full interview here:

In Q2 2024, we reached an all-time high in new leasing spreads and continued to build the strength and resilience of our top-tier retail portfolio. Read our CEO’s message: 

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: recruiting@riocan.com #RioCan #hiringnow #hiringalert