SmartCentres Real Estate Investment Trust Releases First Quarter Results for 2021
$1.85 per unit annualized distribution maintained; Open shopping centre portfolio continues to provide recurring income with a committed occupancy rate of 97.3%; Average collection levels across portfolio exceed 94% for the quarter; 631 presold condominium units at Transit City 3 commence closings today; and Health authorities using approximately 150,000 square feet of SmartCentres’ donated space in Cambridge, Rimouski, Chilliwack, and Maple Ridge as vaccination centres; discussions continue on additional locations to assist to fast-track the vaccination process for all Canadians. TORONTO,...
Source: leaderpost.com