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RioCan Appoints PwC as New Auditor for 2026

Tipranks - Tue Dec 2, 2025

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RioCan Real Estate Investment ( ($TSE:REI.UN) ) just unveiled an announcement.

RioCan Real Estate Investment Trust has announced a change in its external auditor for fiscal 2026, appointing PricewaterhouseCoopers LLP (PwC) following a comprehensive request for proposal process. This decision aligns with RioCan’s commitment to strong governance and oversight, as PwC was selected for its expertise, qualifications, and independence. Ernst & Young LLP (EY), the outgoing auditor, will continue its role through the end of 2025, concluding nearly two decades of service. This strategic move is expected to enhance RioCan’s financial oversight and maintain stakeholder confidence.

The most recent analyst rating on ($TSE:REI.UN) stock is a Buy with a C$21.00 price target. To see the full list of analyst forecasts on RioCan Real Estate Investment stock, see the TSE:REI.UN Stock Forecast page.

Spark’s Take on TSE:REI.UN Stock

According to Spark, TipRanks’ AI Analyst, TSE:REI.UN is a Outperform.

RioCan Real Estate Investment’s overall stock score reflects its solid financial performance and strong earnings call highlights, including high occupancy rates and successful capital repatriation. However, declining profit margins, increased leverage, and valuation losses pose risks. The stock’s moderate valuation and attractive dividend yield provide a balanced investment opportunity.

To see Spark’s full report on TSE:REI.UN stock, click here.

More about RioCan Real Estate Investment

RioCan Real Estate Investment Trust is a company that focuses on meeting the everyday shopping needs of Canadians through the ownership, management, and development of necessity-based and mixed-use properties in densely populated communities. As of September 30, 2025, RioCan’s portfolio includes 173 properties with a net leasable area of approximately 32 million square feet.

Average Trading Volume: 580,024

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$5.58B

See more insights into REI.UN stock on TipRanks’ Stock Analysis page.

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