SmartCentres Real Estate Investment Trust T.SRU.UN

Alternate Symbol(s): CWYUF

Metals & Mining Industrial Metals & Minerals

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

SmartCentres Real Estate Investment Trust

<< Previous

Bullboard Posts

Next >>

Post by Possibleidiot01on May 30, 2024 3:06pm

244 Views

Post# 36064978

Andrew Moffs - BNN - DON'T BUY

DON'T BUY

Great to have a tenant like WMT, as it makes the cashflow very dependable. Being so defensive means not a lot of internal growth, really lags compared to peers, bottom line cashflow not increasing. Higher leverage than peers. Muted earnings growth.

Higher distribution yield around 8%. Could own for the yield. Dividend secure. Payout ratio below 100%.

investment companies / funds

$22.200