)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
RioCan Real Estate Investment Trust (REI-UN) investor relations material
RioCan Real Estate Investment Trust Investor Day 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Investor Day 2025 summary18 Nov, 2025
Strategic vision and growth targets
Targets long-term core FFO growth of 5% per year, with a minimum of 3.5% CAGR through 2028, driven by a strong retail-focused portfolio and disciplined capital allocation.
Same property NOI growth targeted at at least 3.5% annually, with 65% of this growth contractually locked in and the remainder from renewals and asset management.
Capital recycling and reinvestment expected to add 1.5% to core FFO growth, with a focus on infill development, unit buybacks, and selective acquisitions.
Short-term headwinds from refinancing are expected to moderate growth to 3.5% for 2026–2028, but the long-term trajectory remains intact.
Portfolio is concentrated in major Canadian markets, with 94% of income from key urban areas and a high-quality, necessity-based tenant mix.
Portfolio management and operational excellence
Portfolio consists of 173 productive properties, focused on grocery, pharmacy, liquor, fitness, and value retailers to drive daily traffic and rent growth.
Data-driven asset management, including the proprietary Northstar analytics platform, identifies mark-to-market opportunities and optimizes tenant mix.
Grocery leasing program aims to increase centers with a grocery anchor from 85% to at least 90% in three years, boosting rent and resilience.
High occupancy, retention, and leasing spreads are now standard, with renewal spreads averaging 15% over the past 18 months and occupancy at 97.8%.
Enhanced tenant mix and property upgrades, including major expansions and renovations at key assets.
Capital allocation and financial discipline
CAD 1.3–1.4 billion in capital to be recycled from residential asset and condo sales in 2025–2026, with proceeds used for debt reduction and growth investments.
Retained cash flow of CAD 130–150 million per year and additional asset monetization provide ongoing investment capacity.
All investments must meet a 9% unlevered IRR hurdle, with a balanced approach between balance sheet strength and growth opportunities.
Net debt to EBITDA targeted at 8x–9x, maintaining investment-grade metrics while allowing for accretive investments.
Core FFO for 2025 set at a minimum of CAD 1.55 per unit, with a payout ratio of approximately 70% and a focus on sustainable distributions.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next RioCan Real Estate Investment Trust earnings date
Q4 202513 Feb, 2026
Next RioCan Real Estate Investment Trust earnings date
Q4 202513 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
RioCan Real Estate Investment Trust is a real estate investment trust that owns, develops, and manages retail-focused, mixed-use properties. Its portfolio primarily consists of shopping centers, urban mixed-use developments, and retail properties across major Canadian markets. The trust serves a broad tenant base that includes grocery stores, pharmacies, and essential service providers. The company is headquartered in Toronto, Canada, and its shares are listed on the TSX.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage