SmartCentres Announces Distribution for August 2024
SmartCentres Real Estate Investment Trust (“SmartCentres”) (TSX: SRU.UN) has announced a distribution of $0.15417 per unit for August 2024. This amount translates to an annualized rate of $1.85 per unit. The distribution is set to be paid to unitholders of record by the end of August 2024 on a specified date.
About SmartCentres
SmartCentres is recognized as one of Canada's largest fully integrated REITs. The company boasts a diverse and expanding portfolio that includes 195 strategically placed properties in various communities throughout the country. With around $12.0 billion in assets, SmartCentres manages 35.2 million square feet of income-generating, value-oriented retail spaces and premium office properties, maintaining an impressive occupancy rate.
Company Contact Information
If you need more information, you can reach the company 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.