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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 LANNY9on Jul 09, 2008 2:23pm
224 Views
Post# 15274219

And Here We Go......Blimps are Reality!

And Here We Go......Blimps are Reality!

Boeing, SkyHook team up to launch heavy-lift blimp

Wed Jul 9, 2008 11:46am EDT

TORONTO (Reuters) - After years of hovering high above sports stadiums to provide aerial shots to TV audiences, blimps may soon take on a new role in carrying heavy cargo to remote regions like northern Canada's oil sands.

Chicago-based Boeing Co (BA.N: Quote, Profile, Research, Stock Buzz) said on Tuesday it has teamed with a privately owned Canadian company to build a blimp it says will be able to carry a 40 ton load 200 miles without refueling.

Boeing said the blimp would be environmentally friendly because it would eliminate the need to build roads or rail lines to remote locations, where transportation can be costly, inadequate and unreliable.

The JHL-40, or Jess Heavy Lifter, is named after Pete Jess, president and chief operating officer of SkyHook International, the Calgary, Alberta-based company that secured the patent for the blimp, which combines elements of a helicopter and a traditional airship.

"Companies have suggested this new technology will enable them to modify their current operational strategy and begin working much sooner on projects that were thought to be 15 to 20 years away," Jess said in a statement.

Boeing said the blimp, which would be able to carry more than double the capacity of the biggest helicopter, uses lighter-than-air helium to lift itself off the ground while fuel would be dedicated to powering the craft's four rotors, used solely to move the load.

This compares with helicopters, which require plenty of fuel just to lift themselves off the ground.

Boeing said the aircraft will hit the market as soon as it gets certification from Transport Canada and the U.S. Federal Aviation Administration.

(Reporting by Frank Pingue; editing by Rob Wilson)

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