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SmartCentres 2019 Fourth Quarter and Year-End Results and Conference Call

TORONTO, Jan. 07, 2020 (GLOBE NEWSWIRE) -- SmartCentres Real Estate Investment Trust (“SmartCentres”) (SRU-UN.TO) announced today that it will issue its financial results for the three months and year ending December 31, 2019 on Wednesday, February 12, 2020.

SmartCentres will hold a conference call on Wednesday, February 12, 2020 at 5:30 p.m. (ET). Participating on the call will be members of SmartCentres’ senior management.

Investors are invited to access the call by dialing 1-800-263-0877. You will be required to identify yourself and the organization on whose behalf you are participating. A recording of this call will be made available Wednesday, February 12, 2020 beginning at 8:30 p.m. (ET) through to 8:30 p.m. (ET) on Wednesday, February 19, 2020. To access the recording, please call 1-888-203-1112 and enter the Replay Passcode 2575581#.

About SmartCentres

SmartCentres is one of Canada’s largest real estate investment trusts with total assets of approximately $9.7 billion.  It owns and manages in excess of 34.0 million square feet in value-oriented, principally Walmart-anchored retail centres, having the strongest national and regional retailers as well as strong neighbourhood merchants.  In addition, SmartCentres is a joint-venture partner in the Premium Outlets locations in Toronto and Montreal with Simon Property Group.

SmartCentres continues to grow its portfolio to include residential (single-family, condominium and rental), retirement homes, office, and self-storage with an additional $12.1 billion ($5.5 billion at SmartCentres’ share) 59.3 million square feet (27.9 million square feet at SmartCentres’ share) in expected intensification and developments to commence over the next five years. This growth will occur on its large urban properties such as SmartVMC at the Vaughan Metropolitan Centre or as additional intensified uses to its well-located existing shopping centres.  For more information on SmartCentres, visit www.smartcentres.com.

   
For more information, please contact:
   
Peter Forde    Peter Sweeney
President & CEO  Chief Financial Officer
SmartCentres  SmartCentres
(905) 326-6400 ext. 7615  (905) 326-6400 ext. 7865
pforde@smartcentres.com  psweeney@smartcentres.com