12:02 PM EST - RioCan REIT : Has acquired the remaining 50% interest of the residential rental component, eCentral, the remaining 50% interest in the retail component and 70 commercial parking stalls of the ePlace mixed-use development at the northeast corner of Yonge Street and Eglinton Avenue in Toronto. The total purchase price of $114.1 million is determined based on cost plus $10.0 million for eCentral, and a 7.0% capitalization rate on the stabilized Net Operating Income (NOI) for the retail component. RioCan REIT
shares T.REI.UN are trading down $0.09 at $26.58.
