10:14 AM EST - RioCan Real Estate Investment Trust : announced that it has agreed to acquire a 10-property portfolio located in central and eastern Canada. The portfolio will be acquired on a 50/50 basis with Kimco Realty Corp. through the creation of a second joint venture partnership, RioKim II. The aggregate purchase price of the portfolio is about $156 million. The Closing of the acquisition is expected on or about June 25, 2008. RioCan Real Estate Investment Trust
units T.REI.UN are trading off 2 cents at $20.96.
