$1.85 per unit annualized distribution maintained;
Open shopping centre portfolio continues to provide recurring income with a committed occupancy rate of 97.3%;
Average collection levels across portfolio exceed 94% for the quarter;
631 presold condominium units at Transit City 3 commence closings today; and
Health authorities using approximately 150,000 square feet of SmartCentres’ donated space in Cambridge, Rimouski, Chilliwack, and Maple Ridge as vaccination centres; discussions continue on additional locations to assist to fast-track the vaccination process for all Canadians.
TORONTO, May 12, 2021 (GLOBE NEWSWIRE) SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX: SRU.UN) is pleased to report its financial and operating results for the quarter ended March 31, 2021.