Business News • MarketWire • RioCan Real Estate Investment Trust Provides Update on Its Conversion Plan for the Adoption of International Financial Reporting Standards

RioCan Real Estate Investment Trust Provides Update on Its Conversion Plan for the Adoption of International Financial Reporting Standards

RioCan Real Estate Investment Trust Provides Update on Its Conversion Plan for the Adoption of International Financial Reporting Standards

TORONTO, ONTARIO--(Marketwire - Nov. 4, 2010) - RioCan Real Estate Investment Trust ("RioCan") (TSX:REI.UN) today announced that it has elected to use the "fair value" model for the valuation of its income properties and properties under development (collectively, "Investment Property") as provided under International Financial Reporting Standards ("IFRS").

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