SmartCentres REIT

SmartCentres is one of Canada’s largest real estate investment trusts with total assets of approximately $9.7 billion. It owns and manages in excess of 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, SmartCentres is a joint-venture partner in the Premium Outlets locations in Toronto and Montréal with SimonProperty Group.SmartCentres continues to grow its portfolio to include residential (single-family, condominium and rental), retirement homes, office, and self-storage with an additional $12.1 billion ($5.5 billion at SmartCentres’ share) in expected developments to commence over the next five years. This growth will occur on its large urban properties such as SmartCentres Place at the Vaughan Metropolitan Centre or as additional intensified uses to its well-located existing shopping centres.