SmartCentres Real Estate Investment Trust
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Mitchell Goldhar
- Full Time Employees
- 408
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- 3200 Highway 7 Vaughan ON Canada L4K 5Z5
- IPO Date
- Feb 4, 1998
- Website
- smartcentres.com
- Similar Companies
- Business
- SmartCentres Real Estate Investment Trust (SRU-UN.TO) owns and manages a diversified portfolio of income-producing properties across Canada, including 155 retail properties, 4 office properties, 14 self-storage facilities, 3 residential properties and 1 industrial property totaling 35.6 million square feet of gross leasable area with 98.6% in-place and committed occupancy; it also pursues mixed-use intensification developments encompassing rental apartments, condominiums, townhomes, seniors' residences, hotels, office spaces and additional self-storage on 3,500 acres of owned land in every province. The Trust, founded in 1994 and headquartered in Vaughan, Ontario, anchors most retail centres with Walmart supercentres, serving value-oriented retail tenants, commercial businesses, residential customers and self-storage users nationwide. Its properties generate rentals from investment properties, self-storage operations, residential leases and sales from condominium and townhome closings. In 2025, SmartCentres opened three new self-storage facilities in Toronto and Dorval, Quebec, bringing the total to 14 operating sites with more under construction in Quebec and British Columbia slated for 2026-2027; it advanced construction on the ArtWalk condo Tower A in Vaughan Metropolitan Centre with 93% of 340 units pre-sold, Phase I Vaughan NW townhomes where 111 of 120 units closed and a flagship 200,000 square foot Canadian Tire store in Toronto for Q2 2026 delivery. The Trust secured a $160 million mortgage with its self-storage joint venture on October 31, 2025 at 3.87% fixed for five years to refinance maturing debt, obtained a $188.8 million CMHC-insured mortgage on the Millway rental development on October 24, 2025 at 3.45% maturing 2030 and closed $500 million in Series AC and AD unsecured debentures on November 12, 2025 at 3.599% and 4.318% to repay maturing Series X debentures and support general purposes.
Company News
SmartCentres Closes $150 Million Re-Opening of Series AC Senior Unsecured Debentures and $300 Million New Issue of Series AE Senior Unsecured Debentures
SmartCentres Real Estate Investment Trust Announces New Issue of $300 Million Series AE and Re-opening of $150 Million Series AC Senior Unsecured Debentures
SmartCentres Real Estate Investment Trust to Release 2026 Third Quarter Results and Host Conference Call
SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) Sets New 52-Week Low – Here’s What Happened
SmartCentres Real Estate Investment Trust (OTCMKTS:CWYUF) Shares Gap Up – Should You Buy?
SmartCentres Declares Distribution for September 2026
SmartCentres: A 6.75% Dividend Yield With Walmart As Anchor Tenant
SmartCentres Declares Distribution for August 2026
SmartCentres Real Estate Investment Trust (SRU.UN:CA) Q2 2026 Earnings Call Transcript
SmartCentres Real Estate Investment Trust Releases Second Quarter Results for 2026
SmartCentres Real Estate Investment Trust to Release 2026 Second Quarter Results and Host Conference Call
SmartCentres Releases 2025 Environmental, Social and Governance Report
SmartCentres Declares Distribution for June 2026
SmartCentres Declares Distribution for May 2026
SmartCentres Real Estate Investment Trust (SRU.UN:CA) Shareholder/Analyst Call Transcript
SmartCentres Real Estate Investment Trust Announces Voting Results From Annual Meeting of Holders of Units and Special Voting Units
SmartCentres Real Estate Investment Trust (SRU.UN:CA) Q1 2026 Earnings Call Transcript
SmartCentres Real Estate Investment Trust Releases First Quarter Results for 2026
SmartCentres Real Estate Investment Trust (CWYUF) Upgraded to Strong Buy: What Does It Mean for the Stock?
SmartCentres Announces Filing of Information Circular in Connection with Annual Unitholders' Meeting