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SmartCentres Real Estate Investment Trust Releases Fourth Quarter and Full Year Results for 2022
SmartCentres Real Estate Investment Trust Operational Shopping centre leasing activity remains strong, with industry-leading occupancy levels of 98{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in Q4 2022, representing a 40 basis point increase as compared to the same period 2021 Same Properties NOI(1) for the quarter increased by $5.1 million or 4.0{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} as compared to Q4 2021, and for the full year increased by $16.5 million or 3.3{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} as compared to 2021 Net rental income and other for the quarter increased by $2.2 million or 1.7{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} as compared to Q4 2021, and for the full year increased by $16.8 million or 3.5{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} as compared to 2021 Mixed-use Development In excess of three million square feet of…
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SmartCentres Real Estate Investment Trust Releases Third Quarter Results for 2022
SmartCentres Real Estate Investment Trust Operational Shopping centre leasing activity continues to improve with occupancy levels, inclusive of committed deals, increasing to 98.1{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in Q3 2022, representing a 50 basis point increase from Q2 2022 Same Properties NOI inclusive of ECL(1) increased by $3.9 million or 3.1{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in Q3 2022 as compared to the same period in 2021. Same Properties NOI excluding ECL(1) increased by $3.0 million or 2.3{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in Q3 2022 as compared to the same period in 2021 Net rental income and other increased by $3.6 million or 2.9{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} for the three months ended September 30, 2022 as compared to the same period in 2021 Mixed-use Development In…
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SmartCentres Real Estate Investment Trust Releases Third
Operational Shopping centre leasing activity continues to improve with occupancy levels, inclusive of committed deals, increasing to 98.1{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in Q3 2022, representing a 50 basis point increase from Q2 2022 Same Properties NOI inclusive of ECL(1) increased by $3.9 million or 3.1{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in Q3 2022 as compared to the same period in 2021. Same Properties NOI excluding ECL(1) increased by $3.0 million or 2.3{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} in Q3 2022 as compared to the same period in 2021 Net rental income and other increased by $3.6 million or 2.9{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} for the three months ended September 30, 2022 as compared to the same period in 2021 Mixed-use Development In excess of three million square…