TORONTO, Feb. 14, 2022 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX: SRU.UN) announced today that it will issue its financial results for the three months and year ending December 31, 2021 on Tuesday, February 15, 2022. SmartCentres will hold a conference call on Wednesday, February 16, 2022 at 11:00… [Read More]
SmartCentres Declares Distribution for January 2022
TORONTO, Jan. 24, 2022 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of January 2022 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on February… [Read More]
SmartCentres Announces Closing of Acquisition of SmartVMC City Centre Lands, Becomes Largest Landowner in the Vaughan Metropolitan Centre
TORONTO, Dec. 22, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “REIT”) (TSX:SRU.UN), announced today that it has now closed the previously announced $513 million strategic acquisition of a two-thirds interest in 53 acres, in ‘SmartVMC’, the 100+ acre master-planned City Centre in the Vaughan Metropolitan Centre. This acquisition more than… [Read More]
SmartCentres Declares Distribution for December 2021
TORONTO, Dec. 17, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of December 2021 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on January… [Read More]
SmartCentres Announces Disposition of Non-Core Asset in Maple Ridge B.C.
TORONTO, Dec. 13, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “REIT”) (TSX:SRU.UN), announces the disposition of its non-core enclosed mall property, ‘Haney Place Mall’, in Maple Ridge, British Columbia. The property was sold at a sub 5% capitalization rate, representing a premium in excess of 30% over IFRS value. The… [Read More]
SmartCentres Doubles Ownership in SmartVMC City Centre, Becomes Largest Landowner in the Vaughan Metropolitan Centre. SmartLiving Set to Grow.
TORONTO, Nov. 30, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “REIT”) (TSX:SRU.UN), announces a $513 million strategic acquisition of a two-thirds interest in 53 acres (“Acquired Lands”), in ‘SmartVMC’, the 100+ acre master-planned City Centre in the Vaughan Metropolitan Centre. This more than doubles SmartCentres’ interest in SmartVMC, uniting ownership… [Read More]
SmartCentres Declares Distribution for November 2021
TORONTO, Nov. 23, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of November 2021 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on December… [Read More]
SmartCentres Real Estate Investment Trust Releases Third Quarter Results For 2021
Maintained $1.85 per unit annualized distribution; Portfolio continues to provide recurring income with an in-place occupancy rate of 97.3% and committed occupancy rate of 97.6%; Continued advancement of non-retail pipeline of 281 projects representing approximately 55 million square feet across the network (32 million square feet at the Trust’s share); Average collection levels across the… [Read More]
SmartCentres 2021 Third Quarter Results and Conference Call
TORONTO, Nov. 04, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX: SRU.UN) announced today that it will issue its financial results for the three and nine months ending September 30, 2021 on Wednesday, November 10, 2021. SmartCentres will hold a conference call on Thursday, November 11, 2021 at 4:00… [Read More]
SmartCentres Declares Distribution for October 2021
TORONTO, Oct. 22, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of October 2021 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on November… [Read More]
SmartCentres unveils plans for ArtWalk, the new mixed-use art district in the Vaughan Metropolitan Centre
The first phase of ArtWalk, the new art district in SmartCentres’ flagship SmartVMC development, includes three residential buildings within walking distance of transit, urban amenities, and a 9-acre central park. TORONTO, Sept. 23, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX:SRU.UN) has revealed plans for the next block of SmartCentres’ emerging 100-acre,… [Read More]
SmartCentres Declares Distribution for September 2021
TORONTO, Sept. 21, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of September 2021 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on October… [Read More]
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