SmartCentres announces March 2025 distribution for unitholders

SmartCentres Real Estate Investment Trust has announced a distribution for March 2025. The amount is $0.15417 per unit, which totals $1.85 per unit for the year. This distribution will be paid on April 15, 2025. It is available to unitholders who are on record as of March 31, 2025. SmartCentres is one of the largest real estate investment trusts in Canada. The company has a growing portfolio of mixed-use properties across the country, with 195 locations. SmartCentres’ assets are valued at approximately $11.9 billion. This includes retail spaces, rental properties, office spaces, and self-storage facilities. The company has 35.3 million square feet of leasable space, with a high occupancy rate of 98.7%.