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]

TORONTO, Feb. 11, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN), one of Canada’s 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 (“SmartStop”). The three new locations are… [Read More]

TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN), one of Canada’s largest real estate investment trusts, and Greenwin Corp. (“Greenwin”), are proud to announce today that they have entered into a joint venture and acquired 1.15 acres in Toronto’s Yonge and Davisville neighbourhood. This urban infill development site represents… [Read More]

TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN), the Penguin Group of Companies (“Penguin”) 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]

TORONTO, Jan. 17, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of January 2020 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis.  Payment will be made on February 18, 2020 to… [Read More]

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, Dec. 20, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that it has closed its previously announced private placement of $450 million aggregate principal amount of Series U senior unsecured debentures.  The Series U debentures carry… [Read More]

TORONTO, Dec. 19, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “REIT”) (TSX:SRU.UN), one of Canada’s largest real estate investment trusts, and the Penguin Group of Companies (“Penguin”), owned by Mitchell Goldhar, announced today that the two parties have entered into a joint venture with respect to a 15.48 acre site… [Read More]

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, Dec. 18, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that it has agreed to issue $450 million aggregate principal amount of Series U senior unsecured debentures on an agency basis.  The Series U debentures will… [Read More]

TORONTO, Dec. 18, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of December 2019 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis.  Payment will be made on January 15, 2020 to… [Read More]

TORONTO, Dec. 06, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) announced today that it has recently completed the repayment of approximately $213 million aggregate principal amount of secured mortgage debt (the “Secured Loans”) which was secured by 13 retail properties having an aggregate estimated fair value of approximately $720 million…. [Read More]

TORONTO, Nov. 19, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of November 2019 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis.  Payment will be made on December 16, 2019 to… [Read More]

TORONTO, Nov. 18, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) and Mitchell Goldhar are very pleased to announce the opening today of the PwC offices in the PwC-YMCA Tower (the “Tower”) at SmartVMC in the Vaughan Metropolitan Centre (VMC). The PwC offices span 4 full floors with 77,000 square feet of… [Read More]