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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 195 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 JerryFrancison Aug 14, 2007 10:33am
276 Views
Post# 13241684

* The new campsite

* The new campsiteaffords more than just having the capabilities to house up to 50 people. It has buildings [approximately 10-12] that will ultimately be used in some phase of the mining operation that will be going on. Why build them if this were not so. That camp, along with the 4,000 foot runway that can accommodate large hercules planes, will be built this year. This kind of infrastructure plus getting the Nunavut Governments approval to proceed, tells the story behind the unfolding Starfield story. In my previous post I mentioned that the company has core testing capabilities at the camp. Yes, those are not official results but they can know if what they drilled has value to it or not. This will help them to move the rig as necessary [They can use the chopper they have to assist them doing that]. I am more than satisfied that they are moving this project ahead toward the developmental stage. Best wishes, Jerry
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