RioCan Real Estate Investment Trust
RioCan Real Estate Investment Trust (TSX: REI-UN) is trading at CA$20.75, about ₹1,404 at today's CAD/INR rate, as of 29 Sep 2026, 4:00 PM ET, down 0.02% today. Indian residents can buy RioCan Real Estate Investment Trust from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$20.63
Today's high
CA$20.86
52 week low
CA$18.06
52 week high
CA$23.25
REI-UN opened at CA$20.76, closed previously at CA$20.75, and has traded between CA$18.06 and CA$23.25 over the past 52 weeks.
About
RioCan is recognized as one of Canada's leading and largest Real Estate Investment Trusts (REITs). The company engages in owning, operating, and developing properties that are primarily focused on retail, but are increasingly transitioning into mixed-use spaces. These developments are strategically positioned in desirable, high-density areas that are well-served by public transit, aligning with where Canadians prefer to shop, reside, and be employed. As of September 30, 2020, RioCan's substantial portfolio contained 221 properties, offering a total net leasable area of approximately 38.4 million square feet (based on RioCan's interest). This diverse collection comprises office and residential rental properties, in addition to 16 properties currently under development.
Key statistics
Avg. volume
718.82K
Market cap
CA$6.03B
P/E Ratio
24.13
Price-to-sales ratio
4.39
Enterprise value
CA$12.58B
Free cash flow yield
3.27%
Debt-to-equity ratio
0.97
Return on equity
0.97%
ROIC
4.85%
Beta
0.98
Dividend yield
5.58%
Last dividend
CA$1.16
Financial overview
Revenue
CA$1.48B
Earnings per share
CA$0.23
Free cash flow
CA$181.03M
Net profit margin
18.34%
Gross margin
54.59%
EBITDA
CA$348.69M
Revenue growth
14.64%
Similar securities
This is not an investment recommendation
How to buy RioCan Real Estate Investment Trust from India
Indian residents can buy RioCan Real Estate Investment Trust shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to CAD.
Search for RioCan Real Estate Investment Trust and place an order
Find RioCan Real Estate Investment Trust by name or by its ticker, REI-UN, and choose an order type. RioCan Real Estate Investment Trust trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your RioCan Real Estate Investment Trust position in CAD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in RioCan Real Estate Investment Trust from India
Trading and taxes when buying RioCan Real Estate Investment Trust from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. RioCan Real Estate Investment Trust’s current yield is 5.58%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy RioCan Real Estate Investment Trust stock?
Yes. RioCan Real Estate Investment Trust (REI-UN) has been listed on the Toronto Stock Exchange since 1996, in the REIT - Retail industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one RioCan Real Estate Investment Trust share cost in rupees?
One RioCan Real Estate Investment Trust share is CA$20.75 — about ₹1,404 at a CAD/INR rate of 67.65 on 29 Sep 2026. Both the RioCan Real Estate Investment Trust price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying RioCan Real Estate Investment Trust from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on RioCan Real Estate Investment Trust shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the RioCan Real Estate Investment Trust price. Paasa issues a capital-gains statement for your return.
Does RioCan Real Estate Investment Trust pay a dividend, and how is it taxed in India?
Yes. RioCan Real Estate Investment Trust pays a dividend and the current yield is 5.58%; the last declared dividend was CA$1.16 per share, about ₹78.34. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade RioCan Real Estate Investment Trust from India?
The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.
Do I have to declare RioCan Real Estate Investment Trust shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your RioCan Real Estate Investment Trust holding, its cost and its closing value.
How do I sell RioCan Real Estate Investment Trust and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.
Does the rupee rate affect what I make on RioCan Real Estate Investment Trust?
Yes. RioCan Real Estate Investment Trust is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.