Second consecutive quarter that mixed-use development has contributed to FFO $16 million in the 4th quarter and a total of $45.2 million in the 2nd half of 2020 Shopping centre portfolio continues to provide recurring income with a committed occupancy rate of 97.3% Development plans now include 284 identified mixed-use projects SmartCentres has been in… [Read More]
SmartCentres Secures Residential Permission in Alliston, Ontario
TORONTO, Feb. 08, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ or the âTrustâ) (TSX:SRU.UN), one of Canadaâs largest real estate companies, is pleased to announce that residential permissions have been approved for its existing Walmart anchored shopping centre located on Highway 89 and Dunham Road in Alliston, Ontario, by the Town of New Tecumseth… [Read More]
SmartCentres Declares Distribution for January 2021
TORONTO, Jan. 22, 2021 (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 2021 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on February 16, 2021 to… [Read More]
SmartCentres 2020 Fourth Quarter and Year-End Results and Conference Call
TORONTO, Jan. 15, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ or the âTrustâ) (TSX: SRU.UN) announced today that it will issue its financial results for the three months and year ending December 31, 2020 on Wednesday, February 10, 2021. SmartCentres will hold a conference call on Thursday, February 11, 2021 at 2:00… [Read More]
Redemption of $300 million 3.73% Series M and 2.876% Series Q Senior Unsecured Debentures
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, Jan. 11, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ or the âTrustâ) (TSX:SRU.UN) announced today that it has redeemed a total of $300 million aggregate principal amount of senior unsecured debentures representing $150 million aggregate principal amount of… [Read More]
SmartCentres Declares Distribution for December 2020
TORONTO, Dec. 22, 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 December 2020 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on January 15, 2021 to… [Read More]
SmartCentres Real Estate Investment Trust Closes $650 Million Series X and Series Y Senior Unsecured Debenture Issues
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, Dec. 16, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ or the âTrustâ) (TSX:SRU.UN) announced today that it has closed its previously announced private placement of $350 million aggregate principal amount of Series X senior unsecured debentures and $300… [Read More]
SmartCentres Real Estate Investment Trust Announces Redemption of 3.73% Series M and 2.876% Series Q Senior Unsecured Debentures
NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES TORONTO, Dec. 11, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ or the âTrustâ) (TSX:SRU.UN) announced today that it is issuing notices of redemption to holders of its 3.73% Series M senior unsecured debentures due July 22, 2022 (the âSeries… [Read More]
SmartCentres Real Estate Investment Trust Announces Voting Results From Annual Meeting of Holders of Units and Special Voting Units
TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ or the âTrustâ) (TSX:SRU.UN) announced today the voting results from its Annual General and Special Meeting of the Holders of Units and Special Voting Units (the âMeetingâ) held today. The total number of Units and Special Voting Units of SmartCentres (âUnitsâ and… [Read More]
SmartCentres Declares Distribution for November 2020
TORONTO, Nov. 19, 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 November 2020 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on December 15, 2020 to… [Read More]
SmartCentres Real Estate Investment Trust Releases Third Quarter Results for 2020
Focused on Growth Transit City Condominium Closings Contribute to 13.1% Increase in FFO (12.3% Growth in FFO per Unit) with Continued Growth of FFO Expected in Q4 Mixed-use Intensification Program Increasing with Construction on Transit City Condominiums, High-rise Residential Rentals at SmartVMC and Laval, Retirement Homes, Self-Storage Projects and Recently Received Approval to Permit an… [Read More]
SmartCentres 2020 Third Quarter Results and Conference Call
TORONTO, Nov. 03, 2020 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (âSmartCentresâ or the âTrustâ) (TSX: SRU.UN) announced today that it will issue its financial results for the three and nine months ending September 30, 2020 on Wednesday, November 11, 2020. SmartCentres will hold a conference call on Thursday, November 12, 2020 at 2:00… [Read More]
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