RioCan Real Estate Investment Trust
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Real Estate : Equity Real Estate Investment Trusts (REITs) | Mid Cap Value
Based in Canada
Company profile

RioCan Real Estate Investment Trust (RioCan) is a Canada-based closed-end real estate investment trust. The Trust owns and manages Canada's portfolio of shopping centers with ownership interests in a portfolio of 230 properties with an aggregate net leasable area (NLA) of approximately 39.1 million square feet, including residential rental and 13 development properties. The Trusts property portfolio includes grocery anchored, new format retail, urban retail, mixed use and non-grocery anchored centers of which approximately 190 properties are owned, which includes approximately 186 income properties and four properties under development, and approximately 40 are co-owned through joint arrangements with co-owners including approximately nine under development. The Trusts projects are categorized into urban/mixed use, renovation/backfill and greenfield/expansion.

Closing Price
$14.92
Day's Change
0.00 (0.00%)
Bid
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Ask
--
B/A Size
--
Day's High
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Day's Low
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Volume
(Light)
Volume:
0

10-day average volume:
29,878
0

'Fortnite' maker Epic takes its Apple battle to Brussels

8:37 am ET February 17, 2021 (MarketWatch)
Print

By Pierre Briançon

The EU probe will be independent from the U.S. judicial trial due in May

Epic Games, the developer of popular game "Fortnite" and one of the world's largest videogames companies, said on Wednesday (https://www.reuters.com/article/us-eu-apple-epic-games-antitrust/epic-games-takes-apple-fight-to-eu-antitrust-regulators-idUSKBN2AH0MO) that it had filed an antitrust complaint against Apple (AAPL) with the European Commission.

From the archives (December 2020): Facebook, Google, Apple and Amazon could face multibillion-dollar fines under new EU tech regulations (https://www.marketwatch.com/story/big-tech-could-face-break-up-and-billion-dollar-fines-under-new-eu-regulation-being-announced-tuesday-11608046523)

The outlook: Before Epic's complaint, Brussels had already launched, in June 2020, a formal investigation (https://ec.europa.eu/commission/presscorner/detail/en/IP_20_1073) into the App Store, notably its purchase system. The Commission said it wanted "to ensure that Apple's rules don't distort competition in markets where Apple is competing with other app developers."

The EU probe will be independent from the U.S. judicial trial. But the proceedings before a California court, with Apple Chief Executive Tim Cook expected to testify for seven hours (https://www.businessinsider.com/tim-cook-apple-epic-games-lawsuit-seven-hour-depose-2021-2?r=US&IR=T), will give a good idea of the legal arguments developed in the case.

Read: Regulator objects to $9.2 billion sale of eBay arm in the latest move to protect online competition (https://www.marketwatch.com/story/regulator-objects-to-9-2-billion-sale-of-ebay-arm-in-the-latest-move-to-protect-online-competition-11613493234)

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(END) Dow Jones Newswires

February 17, 2021 08:37 ET (13:37 GMT)

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