TORONTO, April 28, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX: SRU.UN) announced today that it will issue its financial results for the three months ending March 31, 2020 on Wednesday, May 6, 2020. SmartCentres will hold a conference call on Wednesday, May 6, 2020 at 5:30 p.m. (ET). Participating on the… [Read More]
SmartCentres Declares Distribution for April 2020
TORONTO, April 24, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of April 2020 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on May 15, 2020 to… [Read More]
SmartCentres REIT provides a business update related to COVID-19
TORONTO, April 21, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ or the âREITâ) (TSX: SRU.UN) released an update today on the impact of COVID-19 on the REITâs business, the measures it has put in place, accordingly, and its long-term strategy. Additional details will be provided as part of the REITâs first quarter… [Read More]
SmartCentres Receives TSX Approval to Proceed with Normal Course Issuer Bid
TORONTO, March 27, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ or the âTrustâ) (TSX:SRU.UN) announced today that the Toronto Stock Exchange (the âTSXâ) has accepted the notice filed by SmartCentres to establish a normal course issuer bid (âNCIBâ) program. The NCIB program commences on March 31, 2020 and will terminate on March… [Read More]
SmartCentres Declares Distribution for March 2020
TORONTO, March 25, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of March 2020 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on April 15, 2020 to… [Read More]
SmartCentres offers government and health authorities free space to support COVID-19 efforts
TORONTO, March 23, 2020 (GLOBE NEWSWIRE) — Today SmartCentres REIT (âSmartCentresâ) (TSX:SRU.UN), one of the largest real estate companies in Canada, announced that it is offering rent-free use of a total of up to 1-million square feet of space in 200 shopping centres across the country, as well as its land, parking lots and signage,… [Read More]
SmartCentres Announces Suspension of Distribution Reinvestment Plan
TORONTO, March 12, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX:SRU.UN) announced today that the trustees of SmartCentres have elected to suspend SmartCentresâ Distribution Reinvestment Plan (the âDRIPâ), effective April 13, 2020. Beginning with the April 2020 distribution, plan participants will receive distributions in cash. Also as a result of recent unit… [Read More]
SmartCentres Declares Distribution for February 2020
TORONTO, Feb. 19, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of February 2020 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on March 16, 2020 to… [Read More]
SmartCentres Real Estate Investment Trust Releases Fourth Quarter and Year End Results for 2019
Continued steady growth of FFO and poised for substantial FFO growth in 2020 Mixed Use Intensification Program Continues with Additional High Rise Residential, Retirement Homes and Self-Storage Projects Industry Leading Committed occupancy rate improves to 98.2% Credit rating upgraded to BBB(H) Construction of Transit City Condo Towers continues TORONTO, Feb. 12, 2020 (GLOBE NEWSWIRE) —… [Read More]
SmartCentres Announces Three Additional SmartStop Self-Storage Locations
TORONTO, Feb. 11, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX:SRU.UN), one of Canadaâs largest real estate investment trusts, announced today that it has executed agreements for three additional self storage locations in its joint venture arrangement with SmartStop Self Storage REIT, Inc. and its affiliates (âSmartStopâ). The three new locations are… [Read More]
SmartCentres Enters Joint Venture to Build Apartments in Mid-Town Toronto
TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX:SRU.UN), one of Canadaâs largest real estate investment trusts, and Greenwin Corp. (âGreenwinâ), are proud to announce today that they have entered into a joint venture and acquired 1.15 acres in Torontoâs Yonge and Davisville neighbourhood. This urban infill development site represents… [Read More]
SmartCentres and Mitchell Goldhar Announce Four Additional Retirement Residence Projects with Revera in Toronto and the Greater Toronto Area
TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX:SRU.UN), the Penguin Group of Companies (âPenguinâ) owned by Mitchell Goldhar, and Revera Inc., a leading Canadian senior living sector company, announced today that the three companies have executed four more conditional site specific joint venture agreements to develop and own retirement… [Read More]
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