TORONTO, ONTARIO–(Marketwired – Feb. 15, 2017) – Smart Real Estate Investment Trust (“SmartREIT” or “the Trust”) (TSX:SRU.UN) is pleased to report positive results for the fourth quarter and year ended December 31, 2016. Highlights for the year include the following: For the three months ended December 31, 2016, FFO excluding adjustments increased by $6.5 million… [Read More]
SmartREIT and Mitchell Goldhar announce Miller Thomson LLP as a New Tenant in its Class-A office tower at Vaughan Metropolitan Centre ("VMC")
TORONTO, ONTARIO–(Marketwired – Jan. 11, 2017) – Smart Real Estate Investment Trust (TSX:SRU.UN) and Mitchell Goldhar announced today that they have signed a 10 year (plus two 5 year extensions) lease transaction with law firm Miller Thomson in the KPMG Tower at SmartCentres Place in Vaughan. The recently opened 360,000 square foot KPMG Tower is… [Read More]
SmartREIT and Mitchell Goldhar announce GFL Environmental Corporate Head Office ("GFL") as a New 65,000 square foot Tenant in its Class-A office tower at Vaughan Metropolitan Centre ("VMC")
TORONTO, ONTARIO–(Marketwired – Dec. 15, 2016) – Smart Real Estate Investment Trust (TSX:SRU.UN) and Mitchell Goldhar today announced that they have completed a 65,000 square foot, 11 year plus two 5 year extensions lease transaction with GFL in the KPMG Tower at SmartCentres Place in Vaughan. The recently opened 360,000 square foot KPMG Tower has… [Read More]
SmartREIT and Mitchell Goldhar Announce First Residential Project – 700 units at SmartCentres Place in the Vaughan Metropolitan Centre ("VMC")
TORONTO, ONTARIO–(Marketwired – Dec. 8, 2016) – Smart Real Estate Investment Trust (TSX:SRU.UN) and Mitchell Goldhar today announced that they will soon be commencing marketing and development of the first high-rise residential project of approximately 700 units at SmartCentres Place in Vaughan. The residential project will capitalize on its excellent location, being close to the… [Read More]
Smart Real Estate Investment Trust Releases Third Quarter Results for 2016
TORONTO, ONTARIO–(Marketwired – Nov. 2, 2016) – Smart Real Estate Investment Trust (“SmartREIT” or “the Trust”) (TSX:SRU.UN) is pleased to report positive results for the third quarter ended September 30, 2016. Highlights for the quarter ended September 30, 2016: The Trust improved its occupancy to 98.3% in the quarter (from 98.2% in the second quarter)… [Read More]
SmartREIT acquires Mixed-Use Retail-Office Centre anchored by Walmart and Home Depot in the heart of Pointe Claire, Quebec
TORONTO, ONTARIO–(Marketwired – Oct. 25, 2016) – Smart Real Estate Investment Trust (“SmartREIT”) (TSX:SRU.UN) is pleased to announce its acquisition of a mixed-use retail-office centre in the heart of Pointe Claire, Quebec. The mixed-use centre comprises a new Walmart Supercentre, a Home Depot and a number of national retailers such as Dollarama, L’Equipeur (a Canadian… [Read More]
SmartREIT Declares Distribution for October 2016
TORONTO, ONTARIO–(Marketwired – Oct. 19, 2016) – Smart Real Estate Investment Trust (TSX:SRU.UN) announced that the trustees of SmartREIT have declared a distribution for the month of October 2016 of CDN $0.14167 per trust unit, representing CDN $1.70 per unit on an annualized basis. Payment will be made on November 15, 2016 to unitholders of… [Read More]
SmartREIT Declares Distribution for August 2016
TORONTO, ONTARIO–(Marketwired – Aug. 16, 2016) – Smart Real Estate Investment Trust (TSX:SRU.UN) announced that the trustees of SmartREIT have declared a distribution for the month of August 2016 of CDN $0.1375 per trust unit, representing CDN $1.65 per unit on an annualized basis. Payment will be made on September 15, 2016 to unitholders of… [Read More]
Smart Real Estate Investment Trust Announces Redemption of 5.00% Series F Senior Unsecured Debentures and 4.70% Series G Senior Unsecured Debentures
TORONTO, ONTARIO–(Marketwired – Aug. 15, 2016) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES Smart Real Estate Investment Trust (“SmartREIT“) (TSX:SRU.UN) today announced that it is issuing a notice of redemption to holders of its 5.00% Series F senior unsecured debentures due February 1, 2019 (“Series F Debentures“) and… [Read More]
SmartREIT Announces $350 Million Series O and Series P Senior Unsecured Debentures Issue
TORONTO, ONTARIO–(Marketwired – Aug. 12, 2016) – NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITES STATES WIRE SERVICES Smart Real Estate Investment Trust (“SmartREIT”) (TSX:SRU.UN) announced today that it has agreed to issue $350 million aggregate principal amount of senior unsecured debentures on an underwritten basis. The offering includes (i) $100 million principal… [Read More]
Smart Real Estate Investment Trust Releases Second Quarter Results for 2016
TORONTO, ONTARIO–(Marketwired – Aug. 4, 2016) – Smart Real Estate Investment Trust (“SmartREIT” or “the Trust”) (TSX:SRU.UN) is pleased to report positive results for the second quarter ended June 30, 2016. Highlights for the quarter ended June 30, 2016: Funds From Operations (FFO) increased by 26.4% to $93.7 million and 15.4% to $0.60 on a… [Read More]
SmartREIT Announces PWC as Lead Tenant in Its New Class-A Office Tower at Vaughan Metropolitan Centre
TORONTO, ONTARIO–(Marketwired – Aug. 2, 2016) – Smart Real Estate Investment Trust (TSX:SRU.UN) and Mitchell Goldhar today announced plans for a new Class-A office tower in the Vaughan Metropolitan Centre (“VMC”) with professional services firm PwC Canada as the lead tenant. VMC is the new downtown of Vaughan at Highway 400 and Highway 7, a… [Read More]