TORONTO, Sept. 12, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX:SRU.UN), one of Canada’s largest real estate investment trusts and Greenwin Inc. (âGreenwinâ), one of Canadaâs largest privately owned manager and owner of residential properties, announced today that they have entered into a 50/50 joint venture to develop a 7.8 acre lakefront… [Read More]
SmartCentres Declares Distribution for August 2019
TORONTO, Aug. 20, 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 August 2019 of CDN $0.15 per trust unit, representing CDN $1.80 per unit on an annualized basis. Payment will be made on September 16, 2019 to… [Read More]
SmartCentres Real Estate Investment Trust Releases Second Quarter Results for 2019
Distribution Increase Continued steady growth of ACFO and FFO and poised for substantial FFO growth in 2020 Outstanding acceptance by purchasers of Transit City Condo Towers 4 and 5 Both SmartCentres Place Office Towers 100% leased TORONTO, Aug. 08, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX: SRU.UN) is… [Read More]
SmartCentres Announces Development of Two Residential Towers in Ottawa
TORONTO, July 18, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX:SRU.UN) announced today that it has entered into a partnership agreement with Selection Group (formerly Réseau Sélection) to develop a mixed-use complex at SmartCentresâ Laurentian Place shopping centre at the corner of Baseline Road and Clyde Avenue in Ottawa. Consistent with the… [Read More]
SmartCentres Declares Distribution for July 2019
TORONTO, July 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 July 2019 of CDN $0.15 per trust unit, representing CDN $1.80 per unit on an annualized basis. Payment will be made on August 15, 2019 to… [Read More]
SmartCentres and Mitchell Goldhar Announce Scotiabank as New Tenant in PwC-YMCA Tower at Vaughan Metropolitan Centre
TORONTO, July 15, 2019 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ) (TSX:SRU.UN) and Mitchell Goldhar announced today that they have signed a 10-year (plus two 5-year extensions) lease transaction with Scotiabank in the PwC-YMCA Tower at SmartCentres Place in the Vaughan Metropolitan Centre (âVMCâ). The PwC-YMCA Tower (the âTowerâ) is a 220,000 square… [Read More]
SmartCentres 2019 Second Quarter Results and Conference Call
TORONTO, July 04, 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 six months ending June 30, 2019 on Thursday, August 8, 2019. SmartCentres will hold a conference call on Thursday, August 8, 2019 at 5:30 p.m. (ET). Participating… [Read More]
SmartCentres Real Estate Investment Trust Releases Third Quarter Results for 2017
TORONTO, ONTARIO–(Marketwired – Nov. 8, 2017) – SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) is pleased to report positive financial and operating results for the third quarter ended September 30, 2017. Highlights for the three months ended September 30, 2017 include the following: Net income and comprehensive income (as per IFRS) for… [Read More]
SmartREIT and Mitchell Goldhar Announce Transit City Condos Third Tower Substantially Sold Out
TORONTO, ONTARIO–(Marketwired – July 26, 2017) – Smart Real Estate Investment Trust (TSX:SRU.UN) and Mitchell Goldhar are pleased to announce that, as a result of the selling out of the first and second towers at Transit City Condos (and the additional demand for units), a third tower was offered for sale, which tower is now… [Read More]
SmartREIT Announces New Credit Facilities Totaling $500 Million
TORONTO, ONTARIO–(Marketwired – June 12, 2017) – Smart Real Estate Investment Trust (“SmartREIT”) (TSX:SRU.UN) announced today that it has entered into an agreement with a syndicate of Canadian financial institutions, led by The Toronto-Dominion Bank and Canadian Imperial Bank of Commerce, for a new unsecured credit facility (the “Credit Facility”) totaling $500 million with an… [Read More]
SmartREIT and Mitchell Goldhar Announce Transit City Condos in SmartCentres Place Substantially Sold Out
TORONTO, ONTARIO–(Marketwired – June 6, 2017) – Smart Real Estate Investment Trust (TSX:SRU.UN) and Mitchell Goldhar are pleased to announce that the first and second condo towers called Transit City are substantially sold out, and as a result of the actual sales figures, SmartREIT is amending its previously announced guidance by increasing profitability on these… [Read More]
SmartREIT Declares Distribution for May 2017
TORONTO, ONTARIO–(Marketwired – May 17, 2017) – Smart Real Estate Investment Trust (TSX:SRU.UN) announced that the trustees of SmartREIT have declared a distribution for the month of May 2017 of CDN $0.14167 per trust unit, representing CDN $1.70 per unit on an annualized basis. Payment will be made on June 15, 2017 to unitholders of… [Read More]
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