Dec 17 (Reuters) - Riocan REIT :
* RioCan REIT REI_u.TO - in a separate transaction co has acquired kimco's
50% interest in tillicum centre for $58.9 million
* RioCan REIT - acquisition is expected to generate incremental noi of
approximately $3.6 million on an annualized basis
* RioCan REIT - in connection with deal, assumed kimco's interest in place
mortgage financing of $32.5 million, carrying an interest rate of 2.9%
* Source text for Eikon ID:nCCN6Sd383
* Further company coverage REI_u.TO