SmartCentres Declares August 2024 Distribution
SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) has declared a distribution for the month of August 2024 of $0.15417 per unit, representing $1.85 per unit on an annualized basis. The distribution will be payable on a specified date to unitholders of record by the end of August 2024.
About SmartCentres
SmartCentres is one of Canada’s largest fully integrated REITs, boasting a growing mixed-use portfolio featuring 195 strategically located properties in various communities across the country. With approximately $12.0 billion in assets, SmartCentres owns 35.2 million square feet of income-producing, value-oriented retail and first-class office properties, achieving an impressive occupancy rate.
Company Contact Information
For further details, the company can be contacted through:
Mitchell Goldhar
Executive Chairman and CEO
(905) 326-6400 ext. 7674
Email: mgoldhar@smartcentres.com
Peter Slan
Chief Financial Officer
(905) 326-6400 ext. 7571
Email: pslan@smartcentres.com
Frequently Asked Questions
What is the declared distribution for August 2024?
The declared distribution for August 2024 is $0.15417 per unit.
When will the distribution be payable?
The distribution will be payable on a specified date in September 2024.
How many properties does SmartCentres manage?
SmartCentres manages a portfolio of 195 properties across Canada.
What is the occupancy rate of SmartCentres' properties?
SmartCentres has achieved an occupancy rate of 98.2% across its properties.
What is the total asset value of SmartCentres?
SmartCentres has approximately $12.0 billion in assets.
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