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 Third Quarter Results and Conference Call
TORONTO, ONTARIO–(Marketwired – Oct. 5, 2016) – Smart Real Estate Investment Trust (TSX:SRU.UN) announced today that it will issue its financial results for the three and nine months ending September 30, 2016 on Wednesday, November 2, 2016. SmartREIT will hold a conference call on Thursday, November 3, 2016 at 9:00 a.m. (ET). Participating on the… [Read More]
SmartREIT Declares Distribution for September 2016
TORONTO, ONTARIO–(Marketwired – Sept. 19, 2016) – Smart Real Estate Investment Trust (TSX:SRU.UN) announced that the trustees of SmartREIT have declared a distribution for the month of September 2016 of CDN $0.1375 per trust unit, representing CDN $1.65 per unit on an annualized basis. Payment will be made on October 17, 2016 to unitholders of… [Read More]
Smart Real Estate Investment Trust Closes $350 Million Series O and Series P Senior Unsecured Debentures Issue
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ TORONTO, Aug. 30, 2016 /CNW/ – Smart Real Estate Investment Trust (“SmartREIT”) (TSX:SRU.UN) announced today that it has closed its previously announced $350 million aggregate principal amount issue of senior unsecured debentures. The issue included (i) $100 million principal amount of Series… [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]