Brief: Smartcentres Reports $513 Mln Strategic Acquisition Of Two-Thirds Interest In 53 Acres In 'SMARTVMC'

SmartCentres Real Estate Investment Trust

01/12/2021 02:27

Nov 30 (Reuters) - SmartCentres Real Estate Investment Trust
 SRU_u.TO :
    * SMARTCENTRES-$513 MILLION STRATEGIC ACQUISITION OF
TWO-THIRDS
INTEREST IN 53 ACRES IN 'SMARTVMC'
    * SMARTCENTRES- INTENDS TO FUND THROUGH ISSUANCE OF APPROX
$200
MILLION IN SUBSIDIARY SMARTCENTRES REIT LIMITED PARTNERSHIP
UNITS,ISSUED AT $34.50 PER UNIT

Source text for Eikon:  ID:nGNX4pmHS9 
Further company coverage:  SRU_u.TO 

 ((Reuters.Briefs@thomsonreuters.com;))