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SmartCentres Declares August 2024 Distribution

SmartCentres Declares August 2024 Distribution

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.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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