RioCan Real Estate Investment Trust welcomes Guy Metcalfe to its Board of Trustees

– CANADA, Toronto –  RioCan Real Estate Investment Trust (TSX: REI.UN) today announced the appointment of Guy Metcalfe to its Board of Trustees effective February 1, 2024.

Guy Metcalfe will also join the Investment Committee and the People, Culture, and Compensation Committee.

About Guy Metcalfe

Guy Metcalfe is an accomplished executive who joined Morgan Stanley in 1990, was a member of the Investment Bank’s Executive Committee, and led its Real Estate Investment Banking business for over two decades, serving most recently as Global (Executive) Chairman, until his retirement on January 31, 2024. During his more than 30-year career at Morgan Stanley, Mr. Metcalfe advised clients on over $850 billion of transactions and also served as a trusted advisor to the CEOs and leaders of many of the world’s leading real estate companies. Mr. Metcalfe has played a leading role in some of the largest public company transactions in the United States and many marquee real estate deals in Europe. Throughout his career, he has dedicated his time to numerous charitable causes and he currently serves on the Board of the Child Mind Institute, an independent non-profit organization dedicated to transforming the lives of children and families struggling with mental health and learning disorders.

Mr. Metcalfe holds an Honours B.A. in Business Administration from the Ivey Business School at Western University.

About RioCan

RioCan is one of Canada’s largest real estate investment trusts. RioCan owns, manages, and develops retail-focused, increasingly mixed-use properties located in prime, high-density transit-oriented areas where Canadians want to shop, live, and work. As of September 30, 2023, our portfolio is comprised of 192 properties with an aggregate net leasable area of approximately 33.6 million square feet (at RioCan’s interest) including office, residential rental, and 10 development properties.

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