SmartCentres

SmartCentres Real Estate Investment Trust is one of Canada's largest fully integrated real estate investment trusts, managing a diverse portfolio of 166 strategically located properties across the country. With approximately $10.4 billion in assets, the REIT owns 33.8 million square feet of income-producing retail space, achieving a high occupancy rate of 97.4%. SmartCentres is focused on developing complete, connected, mixed-use communities on its existing retail sites, guided by its SmartLiving brand for residential projects. The company has launched an $11.9 billion intensification program, which includes the development of rental apartments, condominiums, seniors' residences, and hotels, projected to create an additional 59.3 million square feet of space. This includes the ambitious SmartVMC project in Vaughan, Ontario, anticipated to encompass around 11 million square feet of mixed-use space. SmartCentres continues to reshape urban and suburban landscapes in Canada while maintaining a commitment to providing affordable retail options to local communities.