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Bullboard - Stock Discussion Forum 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... see more

TSX:SRU.UN - Post Discussion

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Post by BarstoolSage on Mar 08, 2023 4:40pm

my take

2.18 cash flow per share price 12-13 times that with div at 1.85
price .91 book
management performance in ROA 4.5% ROE 10.3% and ROI at 6%
current yield 6.8%

good prospects in Vaughan and in centres where it can make sense to add residentail development or in places they can densify rentable space 

IMO this is a good price to add to or initiate a position. I have 1k of this and will likely add
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