SmartCentres Real Estate Investment Trust

SmartCentres Real Estate Investment Trust is one of Canada’s largest fully integrated real estate investment trusts, managing a diverse portfolio of 166 properties across the country. With approximately $10.4 billion in assets, the company owns 33.8 million square feet of retail space, achieving a 97.4% occupancy rate on its 3,500 acres of land. SmartCentres is committed to enhancing Canadian communities by developing connected, mixed-use environments on its existing retail sites. The company is currently focused on an $11.9 billion intensification program that aims to introduce additional residential, commercial, and mixed-use spaces. This program is projected to yield 59.3 million square feet of new space, with significant developments like the SmartVMC in Vaughan, Ontario, expected to include 11.0 million square feet of mixed-use space. Ongoing projects, such as the Transit City Condominiums, reflect SmartCentres' dedication to urban development and the growth of sustainable communities.