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SmartCentres Real Estate Investment Trust T.SRU.UN

Alternate Symbol(s):  CWYUF

SmartCentres Real Estate Investment Trust (the Trust) is a Canada-based fully integrated real estate investment trust. The Trust develops, leases, constructs, owns and manages shopping centers, office buildings, high-rise and low-rise condominiums and rental residences, seniors’ housing, townhome units, self-storage rental facilities, and industrial facilities in Canada. It is focused on development, ownership, management and operation of investment properties located in Canada. The Trust portfolio features approximately 191 strategically located properties in communities across the country. The Trust’s subsidiaries include Smart Limited Partnership, Smart Limited Partnership II, Smart Limited Partnership III, Smart Limited Partnership IV, Smart Oshawa South Limited Partnership, Smart Oshawa Taunton Limited Partnership, Smart Boxgrove Limited Partnership, ONR Limited Partnership, ONR Limited Partnership I, and SmartVMC West Limited Partnership.


TSX:SRU.UN - Post by User

Comment by Mirko22on Apr 12, 2021 1:42pm
121 Views
Post# 32978290

RE:RE:SRU passive investor response

RE:RE:SRU passive investor response
Covidruinedme wrote: SRU development pipeline valua creation is 13.5 billion , its right there at the end of the presentation slide , how blind are you? or are you just trying to get people sell SRU to buy Riocan?

i mean SRU is building 88 residential tower alone, assuming 350 units per tower thats thats 30800 units, assuming 200k per unit thats 6.2 billion from that alone, let alone the hotel , retirement homes, storage units and etc 

all your analysis have been wrong both for riocan and SRU because u fail to read and understands filings. remember you thought riocan is charging 45 dollar per SF PER month for retail ? im getting tired of correcting you man


I have large position in SRU. SRU has partnered with Remington Group(biggest private residential \ commerical  developement) company in Canada. The figure you mention of 6,2B is based on assumig on no partner, i am sure Remingon is in for 50 perecent. Just drive around highway 7 and you will the sign.

Just wanted to clarify your statement, I am holding SRU for long-term.

GLTA

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