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SmartCentres Declares Distribution for September 2021
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SmartCentres unveils ArtWalk, at SmartVMC in the Vaughan Metropolitan Centre, with massive art murals, free drive-in movies and a food truck market, all summer long
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Source: GlobeNewswire (MIL-OSI)
TORONTO, June 01, 2021 (GLOBE NEWSWIRE) â SmartCentres Real Estate Investment Trust (âSmartCentresâ or the âTrustâ) (TSX:SRU.UN) announced today that Peter Forde, its President and CEO, has taken a temporary medical leave of absence. During Mr. Fordeâs medical leave, Mitchell Goldhar, SmartCentresâ Executive Chairman, will assume Mr. Fordeâs responsibilities with the assistance of the rest of SmartCentresâ executive team.
About SmartCentres
SmartCentres Real Estate Investment Trust is one of Canadaâs largest fully integrated REITs, with a best-in-class portfolio featuring 168 strategically located properties in communities across the country. SmartCentres has approximately $10.3 billion in assets and owns 33.8 million square feet of income producing value-oriented retail space with over 97% occupancy, on 3,500 acres of owned land across Canada.
$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.
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