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Managing Growth: From $40 Million - $4 Billion

RIOCAN

Six years ago, RIOCAN was a $40 million retail leasing company. Today, RIOCAN, is a $4 billion retail real estate and management company and one of the most successful Income Trusts in North America. They have evolved – from leasing properties to leasing and managing properties; from a start up in 1993 to sector leader in 2003.

RIOCAN employs 600 people and manages over 30,000,000 square feet of retail space with an occupancy rate of almost 97%. Over the last ten years, the RIOCAN team has delivered a 19.95% compound annual return to Unit Holders.

Edward Sonshine, RIOCAN CEO and Chairman, credits much of their rapid evolution to the strategic management processes and counsel of Managerial Design. Ed has had a close relationship with Managerial Design for over 10 years.

 

 

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