Brief: Smart REIT announces joint venture with Jadco Corporation to construct two residential rental towers in Greater Montreal area

SmartCentres Real Estate Investment Trust

13/12/2016 14:00

Dec 13 (Reuters) - Smart REIT  SRU_u.TO  
    * Smart REIT announces joint venture with Jadco Corporation 
to construct two residential rental towers in Greater Montreal 
area 
    * Smart REIT says has entered into a letter of intent for a 
50/50 joint-venture with Jadco Corporation 
    * Smart REIT says total investment will exceed $75 million, 
construction will begin in spring 2017 with occupancy of first 
tower in summer 2018 
 
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