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 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

SmartCentres Real Estate Investment Trust

Bullboard Posts

Comment by LANNY9on Mar 30, 2008 11:30am

181 Views

Post# 14922490

RE: More shares please...

Deanna, I would not be surprised at all to see a bid come in from a major. The big guys want to get bigger, Extrata is sitting on a huge cash position right now(something like 4 billion), they also have the OK to spend much more than that. BHP I think wants to get bigger as well, before they get bought out by someone, same goes for RIO.

Any major can read SRU's geophysics and see that this arm that they have been drilling is just one of many parallel arms. I think SRU is going to put some holes into other areas of the property in order to prove to the majors that there is nothing but blue sky ahead for them.

Bullboard Posts

Eminent Gold: Driving world class gold discoveries in Nevada