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SmartCentres REIT Reports Strong Q2 Performance

SmartCentres REIT shows robust Q2 results with 98.2% occupancy and strategic developments, aiming for a lower payout ratio.

by Mark Eisenberg
Sat, Aug 10, 2024 8:29pm
in Finance
• 2 mins read
14.1k
SmartCentres REIT Reports Strong Q2 Performance | FinOracle

Photo: Finoracle.net

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SmartCentres REIT's Impressive Q2 2024 Results

SmartCentres Real Estate Investment Trust (TSX: SRU.UN) reported strong quarterly performance for Q2 2024, displaying resilience and strategic growth. The company, known for its diverse real estate portfolio, executed over 272,000 square feet in new lease deals and maintained a high committed occupancy rate of 98.2%, as highlighted by Executive Chair and CEO Mitchell Goldhar.

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