SOURCE: Smart Real Estate Investment Trust

Smart Real Estate Investment Trust

June 19, 2015 12:21 ET

SmartREIT Declares Distribution for June 2015

TORONTO, ON--(Marketwired - June 19, 2015) - Smart Real Estate Investment Trust (formerly, Calloway Real Estate Investment Trust) ("SmartREIT") (TSX: CWT.UN) announced that the trustees of SmartREIT have declared a distribution for the month of June 2015 of CDN $0.1334 per trust unit, representing CDN $1.60 per unit on an annualized basis. Payment will be made on July 15, 2015 to unitholders of record on June 30, 2015.

About SmartREIT

SmartREIT is one of Canada's largest real estate investment trusts with an enterprise value which has now grown to approximately $8.3 billion. It owns and manages in excess of 30 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, SmartREIT is a joint-venture partner in the Toronto and Montreal Premium Outlets. SmartREIT's core vision is to provide a value-oriented shopping experience to Canadian consumers and over time create high quality office environments as part of mixed use developments in urban settings. For more information on SmartREIT, visit www.smartreit.ca.

SmartREIT is currently listed as Calloway Real Estate Investment Trust (TSX: CWT.UN) on the TSX and expects its name and symbol to be changed over on the TSX systems in July 2015.

Contact Information

  • For more information, please contact:

    Peter Sweeney
    Chief Financial Officer
    Smart Real Estate Investment Trust
    (905) 326-6400 ext. 7865