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Bullboard - Stock Discussion Forum SmartCentres Real Estate Investment Trust Unit (Variable Voating) T.SRU.UN

Alternate Symbol(s):  CWYUF

SmartCentres Real Estate Investment Trust is a Canadian fully integrated commercial and residential REIT, with approximately 174 strategically located properties in communities across the country. The company is developing complete, connected, mixed-use communities on its existing retail properties, under it's wholly-owned residential sub-brand, SmartLiving.

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Analyst update

While calling its second-quarter results “noisy,” Mr. Woolley thinks SmartCentres Real Estate Investment Trust (SRU.UN-T) continues to display stability in its core portfolio and leasing is ...read more

New Press Release - SmartCentres Declares Distribution for June 2022

TORONTO, June 23, 2022 (GLOBE NEWSWIRE) -- SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of June 2022 of CDN $0.15417 per trust unit, representing CDN $1.85 per...read article.

Lithium Ionic Enters into Agreement to Acquire Strategic Mining Claims in Brazil

The three Claims to be acquired cover a total of 1,527 hectares and are located along trend with the known lithium deposits in the Itinga Pegmatite Field, including lithium producer CBL’s deposit, as well as Sigma Lithium’s Xuxa and Barreiro deposits. According to Blake Hylands, P. Geo. CEO of Lithium Ionic, “The Borges claims will significantly add to our land holdings in this highly sought-after ...read more

RE:RE:RE:RE:Potential unit buybacks

This is a good take. Don't let others dissuade you from posting here. Note lumber and other input costs have rounded tops peaking in March.  rate and reply

RE:RE:RE:Potential unit buybacks

thanks for the insult, hence the reason I stopped posting on here, too many know it alls.............................. I do know what I am talking about and WALMART is paying too cheap of rents.. but...read more

RE:RE:Potential unit buybacks

The anchor tenants always pay much less per Square foot then the smaler tenants.That is real estate commerical rents 101. I am certain there is a rent increase in the walmarts leases of a ...read more

New Press Release - SmartCentres Real Estate Investment Trust Announces Voting Results From Annual Meeting of Holders of Units and Special Voting Units

TORONTO, June 15, 2022 (GLOBE NEWSWIRE) -- SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today the voting results from its Annual General Meeting of the holders of Units and Special Voting Units (the “Meeting”) held today. The total number of...read article.

RE:RE:RE:RE:RE:Potential unit buybacks

I was just making a point. I dont like Walmart, they are very difficult to deal with, and play hardball with suppiers, and who they lease space from. SRU needs to play hardball back. With inflation...read more

RE:RE:RE:RE:Potential unit buybacks

40% vs. 50% is a meaningful misrepresentation, as is saying there is no growth (walmart) vs. growth in-line with inflation. Same. Except I dumped my 3k shares last year at 30 and rolled the capital...read more

RE:RE:RE:Potential unit buybacks

That's why I said roughly... I was just sort of going by numbers I had looked at in the past but didn't feel like going back and looking at it.. I know that Walmart has a very large portion of...read more

RE:RE:Potential unit buybacks

i agree free cash flow is tight - hard to see buybacks ontop of ambitious development. i literally made this exact argument which you ignored. small fact check to your rant: walmart represents 25.4%...read more

RE:Potential unit buybacks

And another comment - Walmart has them by the short and curlys. there will be NO organic growth from Walmart rents, thats a joke. Walmart is not going to take any increases in rent from SRU when...read more

RE:Potential unit buybacks

There will not be any buybacks.. This low paid RBC analyst is clueless. SRU needs every spare dime it can come up with to move forward with any developements. They just issued new debt in I think...read more

RE:Potential unit buybacks

Buybacks? With what free cash flow? Honest question. The payout ratio is 80%+, no? Debt financing to repurchase stock? Full discoloure - I opened a small position here today under at $28.90.   rate and reply

Paul Gardner - BNN - WAIT

WAIT Smart REIT(SRU.UN-T) 30/05/2022 at 08:00pm   He owns the bonds. Retail nature doesn't fit his criteria. One of the better retail assets out there...read more

Potential unit buybacks

RBCRating: Outperform Price Target: 35.00 Competitive tension building; buybacks possible Our view: Post in line Q1 results, we remain constructive on SRU. As the tug of war between rising rates...read more

CIBC : outperform rating with price target $34

Good Development Hunting By A Wicked Smart Team Our Conclusion SRU continues to unlock the substantial embedded value in its development pipeline and we anticipate the upcoming year will continue to...read more

Uptick from RBC

* RBC’s Pammi Bir raised his SmartCentres REIT (SRU.UN-T) target to $35, exceeding the $33.63 average, from $34 with an “outperform” rating. “A few puts & takes with Q4 results, but...read more

Billy Kawasaki’s Insights - BUY

BUY Smart REIT(SRU.UN-T) 17/02/2022 at 07:00pm   Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Diversification effort makes sense...read more

Andy Moffs- BNN comment

Smart REIT(SRU.UN-T) Great development sites. A good site north of Toronto will add lots of value. Doesn't have same internal growth prospects as some others but is very defensive with a stable...read more

Consolidation of SmartVMC

A bit frustrating that a transaction as pivotal and important as this one has not seen too much disclosure, regarding future development costs, timing of said developments, near term dilution, and...read more