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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

Post by EstevanOutsideron May 18, 2020 9:11pm
505 Views
Post# 31043904

Not sure how everybody doesn't want to buy this

Not sure how everybody doesn't want to buy thisa business that has been around since 1953 and almost never drops.  Collecting almost all rent with Walmart/Dollarama clients as anchors.  Lock in a 9% divy.  I'm not a REIT expert but I couldn't help sell some minor losers to buy this bigger loser.  Probably buy more tomorrow at open.  

How many times in life will you get a chance to lock in 9% with a low risk company like SRU???

I also added some CSH.UN

Too ridiculous.
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