TORONTO–(BUSINESS WIRE)–$SRU.UN #CapitalMarkets–SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of April 2026 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The distribution will be payable on May 15, 2026 to unitholders of record as at April 30, 2026.

About SmartCentres

SmartCentres is one of Canada’s largest fully integrated REITs, with a best-in-class and growing mixed-use portfolio featuring 198 strategically located properties in communities across the country. SmartCentres has approximately $12.1 billion in assets consisting of income producing value-oriented retail, purpose-built rental, first-class office and self-storage properties. SmartCentres owns 35.6 million square feet of leasable space with 98.6% in place and committed occupancy, on 3,500 acres of owned land across Canada.

Contacts

For more information, visit www.smartcentres.com or please contact:

Mitchell Goldhar

Executive Chairman and CEO

(905) 326-6400 ext. 7674

mgoldhar@smartcentres.com

Peter Slan

Chief Financial Officer

(905) 326-6400 ext. 7571

pslan@smartcentres.com

8,000 route miles of new builds and overbuilds underway as industry-wide capacity constraints intensify across AI-driven markets

DENVER–(BUSINESS WIRE)–Zayo, a leading communications infrastructure provider, today announced it has secured an anchor customer to enable and accelerate its buildout of new routes and extend its existing network with infrastructure purpose-built to support AI-driven demand. This includes 8,000 route miles of new builds and overbuilds to deliver the capacity needed to support next-generation AI and cloud growth across key high-demand corridors. Zayo will build, own, and operate all routes as part of its existing network footprint. These commitments are anchored by a specific agreement with a leading global AI infrastructure partner; additional details will be disclosed at a later date.

Having secured the anchor tenant for these key routes, Zayo is actively building 8,000 route miles, representing more than 15 million new and overbuild fiber miles. This includes six new long-haul fiber routes totaling 3,000 route miles and overbuilds of 9 high-capacity corridors covering over 5,000 route miles. This is the largest single network investment in new build and overbuild miles in Zayo’s history.

In January 2025, Zayo announced plans to build 5,000 new route miles by 2030. In less than 18 months, the company has expanded that plan significantly, with build and overbuild projects now underway spanning more than 15,000 route miles and ~20 million fiber miles. Construction is already underway or commencing on many of these routes. This level of investment is critical to addressing the potential bandwidth gap as AI-driven demand continues to accelerate.

“AI demand is no longer theoretical. It’s showing up as real customer requests in corridors where it’s scaling fast,” said Bill Long, Chief Product and Strategy Officer at Zayo. “We’ve been looking closely at how that demand is developing, where it’s concentrating, and what it means for the network over the next several years. That’s shaping where we build and how quickly we start construction. We’re not building speculatively, we’re actively building markets where we can already see that pressure taking hold and where demand is clearly headed. We’re doing it at a scale that not only supports these initial commitments but puts additional capacity in place ahead of the next wave of AI demand.”

AI workloads are reshaping how and where bandwidth demand shows up, concentrating growth in a defined set of high-value corridors where power availability is driving data center demand and those data centers need to connect to adjacent metros. Zayo is prioritizing these corridors, building where demand is already materializing and where capacity constraints are expected to intensify as AI deployments scale. This targeted approach enables Zayo to deliver high-capacity, low-latency infrastructure ahead of competitors and ensures the network will support AI-related bandwidth demand projected to grow 2–6x by 2030 without becoming a constraint.

New Routes in Construction:

1. Las Vegas to Reno, Nevada
2. Denver to Chicago
3. Dallas to Austin
4. Columbus, Ohio to Indianapolis
5. Atlanta to Ashburn, Virginia
6. Kansas City to Omaha

Overbuilds in Progress:

1. Sacramento to Reno, Nevada
2. Las Vegas to Phoenix
3. Denver to Salt Lake City
4. Denver to Dallas
5. Houston to Austin
6. Dallas to Atlanta
7. Chicago to St. Louis to Memphis to New Orleans
8. Cleveland to New York
9. Columbus to Ashburn, Virginia

Along with meeting the current capacity committed, Zayo will retain significant available capacity across these routes to support continued demand and future growth as AI-driven bandwidth requirements scale.

To learn more about Zayo’s network capabilities, please visit: https://www.zayo.com/

About Zayo

For more than 18 years, Zayo has empowered some of the world’s largest and most innovative companies to connect what’s next for their business. The Zayo group of companies connects 400 global markets with future-ready networks that span over 19.9 million fiber miles and 148,000 route miles. Zayo’s tailored connectivity solutions and managed services enable carriers, cloud providers, data centers, schools, and enterprises to deliver exceptional experiences, from core to cloud to edge. Discover how Zayo connects what’s next at www.zayo.com and follow us on LinkedIn.

Contacts

Media Contact
Bree Huerta

Zayo Corporate Communications

press@zayo.com

TORONTO–(BUSINESS WIRE)–RioCan Real Estate Investment Trust (“RioCan”) (TSX: REI.UN) today announced a distribution of 9.65 cents per unit for the month of April. The distribution will be payable on May 7, 2026, to unitholders of record as at April 30, 2026.

About RioCan

RioCan meets the everyday shopping needs of Canadians through the ownership, management and development of necessity-based retail properties in densely populated communities. As at December 31, 2025, our portfolio is comprised of 168 properties with an aggregate net leasable area of approximately 31 million square feet (at RioCan’s interest). To learn more about us, please visit www.riocan.com.

Contacts

RioCan Real Estate Investment Trust

Investor Relations Inquiries

Email: ir@riocan.com