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ANNUAL AND SPECIAL MEETING1Tuesday, June 4, 2013
VALUE CREATION FOR THE NEXT DECADE
Forward Looking StatementsCertain information to be discussed during this annual and special meeting, or in the management presentation which will follow the formal portion of the meeting, contains forward-looking statements within the meaning of applicable securities laws including, among others, statements concerning RioCan’s 2013 objectives, RioCan’s strategies to achieve those objectives, as well as statements with respect to management’s beliefs, plans, estimates, and intentions, and similar statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts.
Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management.
These statements are not guarantees of future performance and are based on RioCan’s estimates and assumptions and are subject to risks and uncertainties, including those described in RioCan’s management discussion & analysis regarding the 2012 audited financial statements and the MD&A which accompanied the trust’s first quarter financial statements for the period ended March 31, 2013, which could cause RioCan’s actual results to differ materially from the forward-looking statements to be discussed during this annual and special meeting.
Although the forward-looking information discussed during this annual and special meeting is based upon what management believes are reasonable assumptions, there can be no assurance that actual results will be consistent with these forward-looking statements.
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ANNUAL AND SPECIAL MEETING3Tuesday, June 4, 2013
VALUE CREATION FOR THE NEXT DECADE
Paul Godfrey, C.M.Chairman,
RioCan Real Estate Investment Trust
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VALUE CREATION FOR THE NEXT DECADE
BC
AB SAMB
ON
QC
NB
NFLD
1993
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PA
VA
CTMA
TX
MDNJ
BC
AB SAMB
ON
QC
NB
NFLD
Today
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VALUE CREATION FOR THE NEXT DECADE
Historical Value
Total Assets Rental Revenue
$100 million
$12.7 billion
Dec 31, 1993
Mar 31, 2013
$12.7 million
$1.1 billion
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16.2% CAGR
for
20 years
Historical Value
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$1,000
$18,000+
IPO(1994)
Today
Historical Value
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Ron Osborne
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Frank King
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Bonnie Brooks
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ANNUAL AND SPECIAL MEETING16Tuesday, June 4, 2013
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Edward Sonshine O. Ont., Q.C.Chief Executive Officer,
RioCan Real Estate Investment Trust
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Financial Highlights
764 758882
9881,128
2008 2009 2010 2011 2012
(in millions of $ except per unit amounts)Revenues
Years ended December 31st
(in millions of $)Net Operating Income
As at Dec. 31, 2012
452 466
551622
713
2008 2009 2010 2011 2012
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Financial Highlights
Operating FFO* Operating FFO* Per Unit
287 280329
380440
2008 2009 2010 2011 2012
* Note: FFO reported under IFRS for 2010 onwards, excludes trading gain income
1.32
1.22
1.33
1.43
1.52
2008 2009 2010 2011 2012
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PA
VA
CTMA
TX
NJ
MD
Property Portfolio – U.S.
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NJ
TX
NJ
MD
Regional Offices – U.S.
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Stockyards – Toronto, Ontario
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East Hills – Calgary, Alberta
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Sage Hill Development – Calgary, Alberta
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Calgary Police Association Lands – Calgary, Alberta
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Calgary Police Association Lands – Calgary, Alberta
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Tanger Factory Outlet Mall – Cookstown, Ontario
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Kanata Centre – Kanata, Ontario
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Yonge and Sheppard Centre – Toronto, Ontario
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Yonge and Sheppard Centre – Toronto, Ontario
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Globe & Mail Lands – Toronto, Ontario
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Year to Year Comparison
A unit purchased on June 11, 2012 and held until yesterday would have
yielded a total return of 8.2%
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ANNUAL AND SPECIAL MEETING41Tuesday, June 4, 2013
