TSX:SRU.UNRetail REITs
Is SmartCentres Real Estate Investment Trust (TSX:SRU.UN) A Bargain Following Its Leasing Update?
Why SmartCentres REIT’s latest leasing update matters for income investors
SmartCentres Real Estate Investment Trust (TSX:SRU.UN) has drawn fresh attention after reporting 98.1% occupancy, strong leasing activity, and average rent increases of 12% on renewals. This has reinforced interest in its monthly distributions and yield profile.
Despite the strong leasing news, SmartCentres Real Estate Investment Trust’s recent share price has softened a little, with a 30 day share price return of...