Brief: SmartREIT acquires mixed-use retail-office centre for about $62 mln

SmartCentres Real Estate Investment Trust

26/10/2016 24:06

Oct 25 (Reuters) - Smart Reit  SRU_u.TO  
    * Says acquires mixed-use retail-office centre anchored by 
Walmart and Home Depot in the heart of Pointe Claire, Quebec 
    * Says deal price of about $62 million to be funded by 
existing cash,assumption of an existing first mortgage providing 
solid FFO accretion to reit 
 
Source text for Eikon:  ID:nCCN7JdMgN  
Further company coverage:  SRU_u.TO  
 
 ((Bangalore.newsroom@thomsonreuters.com;))