TORONTO, Jan. 17, 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 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]
SmartCentres Real Estate Investment Trust Closes $450 Million Series U Senior Unsecured Debenture Issue
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, Dec. 20, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (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]
SmartCentres and Mitchell Goldhar Announce a Joint Venture for a New Relocated Walmart and Land for Residential Uses in the Vaughan Metropolitan Centre (VMC)
TORONTO, Dec. 19, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ or the âREITâ) (TSX:SRU.UN), one of Canada’s largest real estate investment trusts, and the Penguin Group of Companies (âPenguinâ), 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]
SmartCentres Real Estate Investment Trust Announces $450 Million Series U Senior Unsecured Debenture Issue
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, Dec. 18, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (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]
SmartCentres Declares Distribution for December 2019
TORONTO, Dec. 18, 2019 (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 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]
Value of SmartCentres Unencumbered Assets to Approximate $5.5 Billion as it Announces Repayment of Secured Debt
TORONTO, Dec. 06, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX: SRU.UN) announced today that it has recently completed the repayment of approximately $213 million aggregate principal amount of secured mortgage debt (the âSecured Loansâ) which was secured by 13 retail properties having an aggregate estimated fair value of approximately $720 million…. [Read More]
SmartCentres Declares Distribution for November 2019
TORONTO, Nov. 19, 2019 (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 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]
SmartCentres and Mitchell Goldhar Announce Opening of the PwC Offices in the PwC-YMCA Tower at Vaughan Metropolitan Centre
TORONTO, Nov. 18, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX:SRU.UN) and Mitchell Goldhar are very pleased to announce the opening today of the PwC offices in the PwC-YMCA Tower (the âTowerâ) at SmartVMC in the Vaughan Metropolitan Centre (VMC). The PwC offices span 4 full floors with 77,000 square feet of… [Read More]
SmartCentres Real Estate Investment Trust Releases Third Quarter Results For 2019
Continued steady growth of FFO and ACFO and poised for substantial FFO growth in 2020 Committed occupancy rate improves to 98.2% Both SmartVMC Office Towers 100% leased Construction of Transit City Condo Tower #1 reaches 55th floor TORONTO, Nov. 13, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX: SRU.UN)… [Read More]
SmartCentres Declares Distribution for October 2019
TORONTO, Oct. 17, 2019 (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 October 2019 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on November 15, 2019 to… [Read More]
SmartCentres 2019 Third Quarter Results and Conference Call
TORONTO, Oct. 03, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX: SRU.UN) announced today that it will issue its financial results for the three and nine months ending September 30, 2019 on Wednesday, November 13, 2019. SmartCentres will hold a conference call on Wednesday, November 13, 2019 at 5:30 p.m. (ET). Participating… [Read More]
SmartCentres Declares Distribution for September 2019
TORONTO, Sept. 19, 2019 (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 September 2019 of CDN $0.15 per trust unit, representing CDN $1.80 per unit on an annualized basis. Payment will be made on October 15, 2019 to… [Read More]
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