SmartCentres Real Estate Investment Trust

Overview

SmartCentres Real Estate Investment Trust is a Canadian real estate investment trust specializing in retail and mixed-use properties. The trust's portfolio includes 198 strategically located properties across Canada, encompassing approximately 35.6 million square feet of leasable space with a 98.6% in-place and committed occupancy rate. The assets are valued at approximately $12.1 billion and include income-producing value-oriented retail, purpose-built rental, first-class office, and self-storage properties. The trust's strategy focuses on the development and management of retail and mixed-use properties, with a particular emphasis on value-oriented retail centers. It has a strong presence in the self-storage sector, operating 14 facilities with additional sites under construction or in the approval process. The trust also engages in residential development, including townhomes and condominium projects, and has a significant portfolio of office properties. SmartCentres has demonstrated consistent growth in net operating income and occupancy rates, reflecting its effective leasing and development strategies. The trust's diversified portfolio and strategic developments contribute to its position as one of Canada's largest fully integrated real estate investment trusts.

Investment Focus

• Open to institutional investors

Portfolio Companies