SmartREIT Declares Distribution for October 2017
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 10/19/17 -- Smart Real Estate Investment Trust ("SmartREIT") (TSX: SRU.UN) announced today that the trustees of SmartREIT have declared a distribution for the month of October 2017 of CDN $0.14583 per trust unit, representing CDN $1.75 per unit on an annualized basis. Payment will be made on November 15, 2017 to unitholders of record on October 31, 2017.
SmartREIT offers Canadian unitholders the option to participate in a Distribution Reinvestment Plan ("DRIP"), a convenient and economical opportunity to automatically reinvest monthly distributions in additional units without the payment of any commissions, service charges or brokerage fees, at a price equal to 97% of the average TSX market price over the 10 business days preceding the monthly distribution date. Additional information regarding the DRIP is available at .
About SmartREIT
SmartREIT is one of Canada''s largest real estate investment trusts with total assets of approximately $9.3 billion. It owns and manages 34 million square feet in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants. In addition, SmartREIT is a joint-venture partner in the Premium Outlets locations in Toronto and Montreal with Simon Property Group. SmartREIT is now expanding the breadth of its portfolio to include residential (condominium and rental), office, and self-storage, either on its large urban properties such as the SmartCentres Place in the Vaughan Metropolitan Centre or as an adjunct to its existing shopping centres.
SmartREIT''s core vision is to provide a value-oriented shopping experience in all forms to Canadian consumers and to create high quality mixed-use developments in urban settings. With SmartREIT''s 2015 acquisition of SmartCentres, SmartREIT has transformed into a fully integrated real estate provider. SmartREIT and SmartCentres have had a long and successful alliance, helping to provide Canadians with value-focused retail shopping centres across the country. SmartREIT is now a fully integrated real estate provider with expertise in planning, development, leasing, operations and construction - all under one roof. For more information on SmartREIT, visit .
Contacts:
Peter Sweeney
Chief Financial Officer
Smart Real Estate Investment Trust
(905) 326-6400 ext. 7865
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 19.10.2017 - 14:00 Uhr
Sprache: Deutsch
News-ID 1525150
Anzahl Zeichen: 3071
contact information:
Contact person:
Town:
TORONTO, ONTARIO
Phone:
Kategorie:
Investment Opinion
Typ of Press Release:
type of sending:
Date of sending:
Anmerkungen:
Diese Pressemitteilung wurde bisher 974 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"SmartREIT Declares Distribution for October 2017
"
steht unter der journalistisch-redaktionellen Verantwortung von
Smart Real Estate Investment Trust (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
