CWYUF News and Press, SmartCentres Real Estate Investment Trust From 02/08/23

Operational Shopping centre leasing activity remains strong, with industry-leading occupancy levels of 98% in Q4 2022, representing a 40 basis point increase as compared to the same period 2021 Same Properties NOI (1) for the quarter increased by $5.1 m...

Summary The Q3-2022 results had this REIT firing on all cylinders. We were impressed too and we had actually passed on it in 2021. Our outlook remains less than rosy and we talk about it in this article. All values are in CAD unless noted otherwise. SmartCentres Re...

TORONTO, Jan. 17, 2023 (GLOBE NEWSWIRE) -- SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of January 2023 of CDN $0.15417 per trust unit...

TORONTO, Jan. 09, 2023 (GLOBE NEWSWIRE) -- SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX: SRU.UN) announced today that it will issue its financial results for the three months and year ended December 31, 2022 on Wednesday, February 8, 2...

SmartCentres Real Estate Investment Trust (CWYUF) Q3 2022 Earnings Conference Call November 14, 2022 14:00 AM ET Company Participants Mitchell Goldhar - Executive Chairman & Chief Executive Officer Rudy Gobin - Executive Vice President, Portfolio Management &...

SmartCentres REIT press release ( OTCPK:CWYUF ): Q3 Non-GAAP EPS of $0.47. Rentals from investment properties and other of $196.7M (+0.8% Y/Y). Net rental income and other increased by $3.6M or 2.9% for the three months ended September 30, 2022 as compared to the same...

Summary The market decided to climb back up this month and then interest rates rose once again. We see a slight dip in income year-over-year and this will actually get worse next quarter. Our DRIPs (Dividend Reinvestment Program) added $41.92 to our yearly forward dividends th...

Summary SmartCentres REIT has a payout ratio of just over 90% and will need to boost its rental income to mitigate the impact of increasing interest rates. SmartCentres has time as the vast majority of its debt has a fixed yield. About 40% of the GLA is up for renewal in the n...

Summary After a couple of months of no raises, this month brought in some nice ones. 18 stocks Dripped in September. $339.74 more than last year. This month, we made the hard decision to deleverage the portfolio completely. For further details see: Se...

Summary We decided to sell off some stock to pay off our home equity line of credit completely. This will definitely destroy our passive income at the moment, but I feel like it's a good move being debt-free once again. I will continue dollar-cost averaging into positions each month. ...