SRU-UN.TO
SmartCentres Real Estate Investment Trust
SRU-UN.TO
()25,06 CAD
2.29% ROA
5.2% ROE
16.62x PER
3.688.097.120,00 CAD
97.63% DER
7.26% Yield
31.4% NPM
SmartCentres Real Estate Investment Trust Stock Analysis
SmartCentres Real Estate Investment Trust Fundamental Analysis
Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.
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SmartCentres Real Estate Investment Trust Technical Analysis
Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.
# | Analysis | Recommendation |
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SmartCentres Real Estate Investment Trust Price Chart
Financial Statements
Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.
Income Statements
An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.
Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.
Year | Revenue | Growth |
---|---|---|
1998 | 450.534 | |
1999 | 765.510 | 41.15% |
2000 | 1.285.672 | 40.46% |
2001 | 1.233.390 | -4.24% |
2002 | 0 | 0% |
2003 | 22.743.846 | 100% |
2004 | 87.948.000 | 74.14% |
2005 | 201.145.000 | 56.28% |
2006 | 310.647.000 | 35.25% |
2007 | 385.930.000 | 19.51% |
2008 | 434.770.000 | 11.23% |
2009 | 461.592.000 | 5.81% |
2010 | 494.417.000 | 6.64% |
2011 | 511.917.000 | 3.42% |
2012 | 546.042.000 | 6.25% |
2013 | 571.183.000 | 4.4% |
2014 | 607.819.000 | 6.03% |
2015 | 668.653.000 | 9.1% |
2016 | 725.267.000 | 7.81% |
2017 | 734.032.000 | 1.19% |
2018 | 790.178.000 | 7.11% |
2019 | 806.412.000 | 2.01% |
2020 | 781.253.000 | -3.22% |
2021 | 780.758.000 | -0.06% |
2022 | 804.598.000 | 2.96% |
2023 | 834.581.000 | 3.59% |
2024 | 927.456.000 | 10.01% |
Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.
Year | Research and Development Expenses | Growth |
---|---|---|
1998 | 0 | |
1999 | 0 | 0% |
2000 | 0 | 0% |
2001 | 0 | 0% |
2002 | 0 | 0% |
2003 | 0 | 0% |
2004 | 0 | 0% |
2005 | 0 | 0% |
2006 | 0 | 0% |
2007 | 0 | 0% |
2008 | 0 | 0% |
2009 | 0 | 0% |
2010 | 0 | 0% |
2011 | 0 | 0% |
2012 | 0 | 0% |
2013 | 0 | 0% |
2014 | 0 | 0% |
2015 | 0 | 0% |
2016 | 0 | 0% |
2017 | 0 | 0% |
2018 | 0 | 0% |
2019 | 0 | 0% |
2020 | 0 | 0% |
2021 | 1 | 0% |
2022 | 1 | 0% |
2023 | 1 | 0% |
2024 | 0 | 0% |
General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.
Year | General and Administrative Expenses | Growth |
---|---|---|
1998 | 0 | |
1999 | 0 | 0% |
2000 | 0 | 0% |
2001 | 0 | 0% |
2002 | 0 | 0% |
2003 | 0 | 0% |
2004 | 0 | 0% |
2005 | 0 | 0% |
2006 | 0 | 0% |
2007 | 0 | 0% |
2008 | 0 | 0% |
2009 | 0 | 0% |
2010 | 0 | 0% |
2011 | 0 | 0% |
2012 | 19.829.000 | 100% |
2013 | 20.989.000 | 5.53% |
2014 | 23.049.000 | 8.94% |
2015 | 29.707.000 | 22.41% |
2016 | 35.398.000 | 16.08% |
2017 | 35.098.000 | -0.85% |
2018 | 37.809.000 | 7.17% |
2019 | 34.113.000 | -10.83% |
2020 | 41.300.000 | 17.4% |
2021 | 46.025.000 | 10.27% |
2022 | 50.495.000 | 8.85% |
2023 | 35.039.000 | -44.11% |
2024 | 35.420.000 | 1.08% |
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.
Year | EBITDA | Growth |
---|---|---|
1998 | 251.058 | |
1999 | 444.520 | 43.52% |
2000 | 780.159 | 43.02% |
2001 | 317.763 | -145.52% |
2002 | 0 | 0% |
2003 | 8.780.062 | 100% |
2004 | 58.958.000 | 85.11% |
2005 | 135.592.000 | 56.52% |
2006 | 223.372.000 | 39.3% |
2007 | 260.372.000 | 14.21% |
2008 | 285.909.000 | 8.93% |
2009 | 302.190.000 | 5.39% |
2010 | 322.419.000 | 6.27% |
2011 | 491.654.000 | 34.42% |
2012 | 362.996.000 | -35.44% |
2013 | 373.860.000 | 2.91% |
2014 | 396.474.000 | 5.7% |
2015 | 430.963.000 | 8% |
2016 | 477.088.000 | 9.67% |
2017 | 464.347.000 | -2.74% |
2018 | 501.120.000 | 7.34% |
2019 | 508.957.000 | 1.54% |
2020 | 520.436.000 | 2.21% |
2021 | 686.842.000 | 24.23% |
2022 | 498.734.000 | -37.72% |
2023 | 579.184.000 | 13.89% |
2024 | 551.284.000 | -5.06% |
Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.
Year | Gross Profit | Growth |
---|---|---|
1998 | 450.534 | |
1999 | 596.810 | 24.51% |
2000 | 959.076 | 37.77% |
2001 | 842.152 | -13.88% |
2002 | 0 | 0% |
2003 | 13.882.908 | 100% |
2004 | 60.877.000 | 77.2% |
2005 | 139.737.000 | 56.43% |
2006 | 214.542.000 | 34.87% |
2007 | 265.052.000 | 19.06% |
2008 | 294.499.000 | 10% |
2009 | 308.896.000 | 4.66% |
2010 | 331.338.000 | 6.77% |
2011 | 338.925.000 | 2.24% |
2012 | 368.334.000 | 7.98% |
2013 | 383.303.000 | 3.91% |
2014 | 405.396.000 | 5.45% |
2015 | 447.992.000 | 9.51% |
2016 | 487.095.000 | 8.03% |
2017 | 485.981.000 | -0.23% |
2018 | 511.926.000 | 5.07% |
2019 | 519.887.000 | 1.53% |
2020 | 474.660.000 | -9.53% |
2021 | 501.236.000 | 5.3% |
2022 | 521.162.000 | 3.82% |
2023 | 513.561.000 | -1.48% |
2024 | 538.348.000 | 4.6% |
Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.
Year | Net Profit | Growth |
---|---|---|
1998 | 51.635 | |
1999 | 83.254 | 37.98% |
2000 | 91.386 | 8.9% |
2001 | 292.978 | 68.81% |
2002 | 0 | 0% |
2003 | 8.961.477 | 100% |
2004 | 13.415.000 | 33.2% |
2005 | 26.752.000 | 49.85% |
2006 | 20.770.000 | -28.8% |
2007 | 30.495.000 | 31.89% |
2008 | 89.648.000 | 65.98% |
2009 | 23.286.000 | -284.99% |
2010 | 11.645.000 | -99.97% |
2011 | 176.879.000 | 93.42% |
2012 | 898.382.000 | 80.31% |
2013 | 272.776.000 | -229.35% |
2014 | 226.541.000 | -20.41% |
2015 | 269.167.000 | 15.84% |
2016 | 322.231.000 | 16.47% |
2017 | 296.833.000 | -8.56% |
2018 | 334.529.000 | 11.27% |
2019 | 152.178.000 | -119.83% |
2020 | -143.455.000 | 206.08% |
2021 | 475.279.000 | 130.18% |
2022 | 811.106.000 | 41.4% |
2023 | 413.700.000 | -96.06% |
2024 | 418.200.000 | 1.08% |
EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.
Year | Earning per Share (EPS) | Growth |
---|---|---|
1998 | 0 | |
1999 | 0 | 0% |
2000 | 0 | 0% |
2001 | 1 | 0% |
2002 | 0 | 0% |
2003 | 1 | 100% |
2004 | 1 | 0% |
2005 | 1 | 0% |
2006 | 0 | 0% |
2007 | 0 | 0% |
2008 | 1 | 0% |
2009 | 0 | 0% |
2010 | 5 | 100% |
2011 | 1 | -300% |
2012 | 7 | 83.33% |
2013 | 2 | -200% |
2014 | 2 | -100% |
2015 | 2 | 0% |
2016 | 2 | 50% |
2017 | 2 | -100% |
2018 | 2 | 50% |
2019 | 1 | 0% |
2020 | -1 | 0% |
2021 | 3 | 100% |
2022 | 5 | 50% |
2023 | 2 | -100% |
2024 | 2 | 0% |
Cashflow Statements
Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.
Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.
Year | Free Cashflow | Growth |
---|---|---|
1998 | -2.483.386 | |
1999 | 182.043 | 1464.18% |
2000 | -635.898 | 128.63% |
2001 | -101.856 | -524.31% |
2003 | -6.425.352 | 98.41% |
2004 | -620.668.000 | 98.96% |
2005 | -765.864.000 | 18.96% |
2006 | -426.508.000 | -79.57% |
2007 | 102.795.000 | 514.91% |
2008 | -255.974.000 | 140.16% |
2009 | -21.925.000 | -1067.5% |
2010 | -52.714.000 | 58.41% |
2011 | -116.123.000 | 54.61% |
2012 | 213.084.000 | 154.5% |
2013 | 235.767.000 | 9.62% |
2014 | 224.241.000 | -5.14% |
2015 | 296.049.000 | 24.26% |
2016 | 316.085.000 | 6.34% |
2017 | 352.683.000 | 10.38% |
2018 | 350.410.000 | -0.65% |
2019 | 344.333.000 | -1.76% |
2020 | 428.940.000 | 19.72% |
2021 | 371.275.000 | -15.53% |
2022 | 369.173.000 | -0.57% |
2023 | 328.947.000 | -12.23% |
2024 | 90.963.000 | -261.63% |
Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.
Year | Operating Cashflow | Growth |
---|---|---|
1998 | 191.494 | |
1999 | 182.043 | -5.19% |
2000 | 404.117 | 54.95% |
2001 | -79.758 | 606.68% |
2003 | 9.821.086 | 100.81% |
2004 | 35.136.000 | 72.05% |
2005 | 70.839.000 | 50.4% |
2006 | 92.439.000 | 23.37% |
2007 | 160.872.000 | 42.54% |
2008 | 144.069.000 | -11.66% |
2009 | 142.785.000 | -0.9% |
2010 | 139.979.000 | -2% |
2011 | 199.506.000 | 29.84% |
2012 | 213.543.000 | 6.57% |
2013 | 235.821.000 | 9.45% |
2014 | 224.269.000 | -5.15% |
2015 | 296.248.000 | 24.3% |
2016 | 316.337.000 | 6.35% |
2017 | 353.082.000 | 10.41% |
2018 | 351.254.000 | -0.52% |
2019 | 345.611.000 | -1.63% |
2020 | 295.982.000 | -16.77% |
2021 | 371.624.000 | 20.35% |
2022 | 370.762.000 | -0.23% |
2023 | 330.853.000 | -12.06% |
2024 | 91.082.000 | -263.25% |
Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.
Year | Capital Expenditure | Growth |
---|---|---|
1998 | 2.674.880 | |
1999 | 0 | 0% |
2000 | 1.040.015 | 100% |
2001 | 22.098 | -4606.38% |
2003 | 16.246.438 | 99.86% |
2004 | 655.804.000 | 97.52% |
2005 | 836.703.000 | 21.62% |
2006 | 518.947.000 | -61.23% |
2007 | 58.077.000 | -793.55% |
2008 | 400.043.000 | 85.48% |
2009 | 164.710.000 | -142.88% |
2010 | 192.693.000 | 14.52% |
2011 | 315.629.000 | 38.95% |
2012 | 459.000 | -68664.49% |
2013 | 54.000 | -750% |
2014 | 28.000 | -92.86% |
2015 | 199.000 | 85.93% |
2016 | 252.000 | 21.03% |
2017 | 399.000 | 36.84% |
2018 | 844.000 | 52.73% |
2019 | 1.278.000 | 33.96% |
2020 | -132.958.000 | 100.96% |
2021 | 349.000 | 38196.85% |
2022 | 1.589.000 | 78.04% |
2023 | 1.906.000 | 16.63% |
2024 | 119.000 | -1501.68% |
Balance Sheet
Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.
Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.
Year | Equity | Growth |
---|---|---|
1998 | 780.102 | |
1999 | 868.059 | 10.13% |
2000 | 973.112 | 10.8% |
2001 | 1.364.464 | 28.68% |
2002 | 51.288.045 | 97.34% |
2003 | 106.045.219 | 51.64% |
2004 | 391.506.000 | 72.91% |
2005 | 1.058.027.000 | 63% |
2006 | 1.493.371.000 | 29.15% |
2007 | 1.428.760.000 | -4.52% |
2008 | 1.436.887.000 | 0.57% |
2009 | 1.372.617.000 | -4.68% |
2010 | 1.553.650.000 | 11.65% |
2011 | 2.553.497.000 | 39.16% |
2012 | 3.639.497.000 | 29.84% |
2013 | 3.804.491.000 | 4.34% |
2014 | 3.906.424.000 | 2.61% |
2015 | 4.482.571.000 | 12.85% |
2016 | 4.663.944.000 | 3.89% |
2017 | 4.827.457.000 | 3.39% |
2018 | 5.008.331.000 | 3.61% |
2019 | 5.367.752.000 | 6.7% |
2020 | 5.166.975.000 | -3.89% |
2021 | 5.841.315.000 | 11.54% |
2022 | 6.163.101.000 | 5.22% |
2023 | 6.359.304.000 | 3.09% |
2024 | 6.310.884.000 | -0.77% |
Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.
Year | Assets | Growth |
---|---|---|
1998 | 2.839.315 | |
1999 | 6.682.925 | 57.51% |
2000 | 7.630.256 | 12.42% |
2001 | 6.028.149 | -26.58% |
2002 | 108.716.435 | 94.46% |
2003 | 228.914.626 | 52.51% |
2004 | 1.014.618.000 | 77.44% |
2005 | 2.564.088.000 | 60.43% |
2006 | 3.583.888.000 | 28.46% |
2007 | 3.893.732.000 | 7.96% |
2008 | 4.194.387.000 | 7.17% |
2009 | 4.236.839.000 | 1% |
2010 | 4.373.522.000 | 3.13% |
2011 | 5.955.456.000 | 26.56% |
2012 | 6.480.407.000 | 8.1% |
2013 | 7.071.332.000 | 8.36% |
2014 | 7.107.403.000 | 0.51% |
2015 | 8.505.003.000 | 16.43% |
2016 | 8.738.878.000 | 2.68% |
2017 | 9.380.232.000 | 6.84% |
2018 | 9.459.632.000 | 0.84% |
2019 | 9.928.467.000 | 4.72% |
2020 | 10.724.492.000 | 7.42% |
2021 | 11.293.248.000 | 5.04% |
2022 | 11.702.153.000 | 3.49% |
2023 | 11.905.422.000 | 1.71% |
2024 | 11.953.142.000 | 0.4% |
Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.
Year | Liabilities | Growth |
---|---|---|
1998 | 2.059.213 | |
1999 | 5.814.866 | 64.59% |
2000 | 6.657.144 | 12.65% |
2001 | 4.663.685 | -42.74% |
2002 | 57.428.390 | 91.88% |
2003 | 122.869.407 | 53.26% |
2004 | 623.112.000 | 80.28% |
2005 | 1.506.061.000 | 58.63% |
2006 | 2.090.517.000 | 27.96% |
2007 | 2.464.972.000 | 15.19% |
2008 | 2.757.500.000 | 10.61% |
2009 | 2.864.222.000 | 3.73% |
2010 | 2.819.872.000 | -1.57% |
2011 | 3.401.959.000 | 17.11% |
2012 | 2.840.910.000 | -19.75% |
2013 | 3.266.841.000 | 13.04% |
2014 | 3.200.979.000 | -2.06% |
2015 | 4.022.432.000 | 20.42% |
2016 | 4.074.934.000 | 1.29% |
2017 | 4.552.775.000 | 10.5% |
2018 | 4.451.301.000 | -2.28% |
2019 | 4.560.715.000 | 2.4% |
2020 | 5.557.517.000 | 17.94% |
2021 | 5.451.933.000 | -1.94% |
2022 | 5.539.052.000 | 1.57% |
2023 | 5.546.118.000 | 0.13% |
2024 | 5.885.779.000 | 5.77% |
SmartCentres Real Estate Investment Trust Financial Ratio (TTM)
Valuation Metrics
- Revenue per Share
- 4.88
- Net Income per Share
- 1.53
- Price to Earning Ratio
- 16.62x
- Price To Sales Ratio
- 4.24x
- POCF Ratio
- 13.04
- PFCF Ratio
- 10.63
- Price to Book Ratio
- 0.87
- EV to Sales
- 10.07
- EV Over EBITDA
- 14.79
- EV to Operating CashFlow
- 25.14
- EV to FreeCashFlow
- 25.25
- Earnings Yield
- 0.06
- FreeCashFlow Yield
- 0.09
- Market Cap
- 3,69 Bil.
- Enterprise Value
- 8,76 Bil.
- Graham Number
- 31.82
- Graham NetNet
- -31.31
Income Statement Metrics
- Net Income per Share
- 1.53
- Income Quality
- 1.1
- ROE
- 0.05
- Return On Assets
- 0.02
- Return On Capital Employed
- 0.06
- Net Income per EBT
- 0.83
- EBT Per Ebit
- 0.57
- Ebit per Revenue
- 0.67
- Effective Tax Rate
- 0.58
Margins
- Sales, General, & Administrative to Revenue
- 0.04
- Research & Developement to Revenue
- 0
- Stock Based Compensation to Revenue
- 0
- Gross Profit Margin
- 0.6
- Operating Profit Margin
- 0.67
- Pretax Profit Margin
- 0.38
- Net Profit Margin
- 0.31
Dividends
- Dividend Yield
- 0.07
- Dividend Yield %
- 7.26
- Payout Ratio
- 0.98
- Dividend Per Share
- 1.85
Operating Metrics
- Operating Cashflow per Share
- 1.96
- Free CashFlow per Share
- 1.95
- Capex to Operating CashFlow
- 0
- Capex to Revenue
- 0
- Capex to Depreciation
- 0.14
- Return on Invested Capital
- 0.02
- Return on Tangible Assets
- 0.02
- Days Sales Outstanding
- 129.13
- Days Payables Outstanding
- 110.45
- Days of Inventory on Hand
- 56.06
- Receivables Turnover
- 2.83
- Payables Turnover
- 3.3
- Inventory Turnover
- 6.51
- Capex per Share
- 0.01
Balance Sheet
- Cash per Share
- 0,28
- Book Value per Share
- 34,05
- Tangible Book Value per Share
- 33.82
- Shareholders Equity per Share
- 29.34
- Interest Debt per Share
- 29.6
- Debt to Equity
- 0.98
- Debt to Assets
- 0.43
- Net Debt to EBITDA
- 8.56
- Current Ratio
- 0.17
- Tangible Asset Value
- 6,03 Bil.
- Net Current Asset Value
- -5,64 Bil.
- Invested Capital
- -1148155000
- Working Capital
- -1,20 Bil.
- Intangibles to Total Assets
- 0
- Average Receivables
- 0,31 Bil.
- Average Payables
- 0,10 Bil.
- Average Inventory
- 55909000
- Debt to Market Cap
- 1.38
Dividends
Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.
Year | Dividends | Growth |
---|---|---|
2002 | 0 | |
2003 | 1 | 100% |
2004 | 1 | 0% |
2005 | 1 | 0% |
2006 | 1 | 0% |
2007 | 2 | 0% |
2008 | 2 | 0% |
2009 | 2 | 0% |
2010 | 2 | 0% |
2011 | 2 | 0% |
2012 | 2 | 0% |
2013 | 2 | 0% |
2014 | 2 | 0% |
2015 | 2 | 0% |
2016 | 2 | 0% |
2017 | 2 | 0% |
2018 | 2 | 0% |
2019 | 2 | 0% |
2020 | 2 | 0% |
2021 | 2 | 0% |
2022 | 2 | 0% |
2023 | 2 | 0% |
2024 | 1 | 0% |
SmartCentres Real Estate Investment Trust Profile
About SmartCentres Real Estate Investment Trust
SmartCentres Real Estate Investment Trust is one of Canada's largest fully integrated REITs, with a best-in-class portfolio featuring 166 strategically located properties in communities across the country. SmartCentres has approximately $10.4 billion in assets and owns 33.8 million square feet of income producing value-oriented retail space with 97.4% occupancy, on 3,500 acres of owned land across Canada. SmartCentres continues to focus on enhancing the lives of Canadians by planning and developing complete, connected, mixed-use communities on its existing retail properties. A publicly announced $11.9 billion intensification program ($5.4 billion at SmartCentres' share) represents the REIT's current major development focus on which construction is expected to commence within the next five years. This intensification program consists of rental apartments, condos, seniors' residences and hotels, to be developed under the SmartLiving banner, and retail, office, and storage facilities, to be developed under the SmartCentres banner. SmartCentres' intensification program is expected to produce an additional 59.3 million square feet (27.9 million square feet at SmartCentres' share) of space, 27.1 million square feet (12.3 million square feet at SmartCentres' share) of which has or will commence construction within next five years. From shopping centres to city centres, SmartCentres is uniquely positioned to reshape the Canadian urban and urban-suburban landscape. Included in this intensification program is the Trust's share of SmartVMC which, when completed, is expected to include approximately 11.0 million square feet of mixed-use space in Vaughan, Ontario. Construction of the first five sold-out phases of Transit City Condominiums that represent 2,789 residential units continues to progress. Final closings of the first two phases of Transit City Condominiums began ahead of budget and ahead of schedule in August 2020 and as at September 30, 2020, 766 units (representing approximately 70% of all 1,110 units in the first and second phases) had closed with the balance of units expected to close before year end. In addition, the presold 631 units in the third phase along with 22 townhomes, all of which are sold out and currently under construction, are expected to close in 2021. The fourth and fifth sold-out phases representing 1,026 units are currently under construction and are expected to close in 2023.
- CEO
- Mr. Mitchell Goldhar
- Employee
- 342
- Address
-
3200 Highway 7
Vaughan, L4K 5Z5
SmartCentres Real Estate Investment Trust Executives & BODs
# | Name | Age |
---|---|---|
1 |
Mr. Tom Bazinet Senior Director of Property Management |
70 |
2 |
Ms. Paula Bustard Executive Vice President of Development |
70 |
3 |
Mr. Peter L. Slan CA Chief Financial Officer |
70 |
4 |
Hammad Rawra Vice President of Investor Relations |
70 |
5 |
Ms. Julia Mok Director of Operations Accounting |
70 |
6 |
Mr. Dan Markou Executive Vice President and Chief People & Culture Officer |
70 |
7 |
Mr. Rudy Gobin Executive Vice President of Portfolio Management & Investments |
70 |
8 |
Mr. Mitchell Goldhar Executive Chairman & Chief Executive Officer |
70 |
9 |
Ms. Shea Nerland Calnan Legal Counsel |
70 |
10 |
Mr. Allan Scully Executive Vice President of Development |
70 |